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IN BRIEF: Titon founder steps down from board, remains president

ALN

Titon Holdings PLC - Essex-based ventilation and hardware manufacturer and supplier - Says company founder and deputy chair John Anderson leaves board immediately but remains president of the company. His son and board member Tyson Anderson takes his role of deputy chair.

Meanwhile, Paul Hooper and Jeff Ward are hired as independent non-executive directors. Hooper has been the chief executive officer of Alumasc Group PLC, a supplier of building and engineering products, since April 2003. Jeff Ward is the CEO of Guardian Fall, a height safety company.

Current stock price: 89.85 pence, up 4.5% on Friday

12-month change: down 30%

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