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IN BRIEF: Tyman picks former Devro chief Rutger Helbing as new CEO

ALN

Tyman PLC - London-based supplier of window and door components to construction industry - Hires Rutger Helbing to be new chief executive officer, starting January 2. Interim CEO Jason Ashton will resume being chief financial officer, and Interim CFO Juliette Lowes will resume being financial controller. Both have been in their interim roles since April, when Jo Hallas had stepped down immediately as Tyman CEO. A Dutch national, Helbing was chief executive of Devro PLC from January 2018 to this past April, having joined the sausage casing manufacturer as finance director in 2016. Glasgow-based Devro was bought by a subsidiary of Saria SE & Co KG back in March.

Current Tyman stock price: 270.25 pence, down 3.0% in London early Monday

12-month change: up 21%

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