Tyman PLC - London-based supplier of engineered fenestration components and access solutions to the construction industry - Says Juliette Lowes will assume the role of interim chief financial officer with immediate effect. She will report into the board, but will not be appointed as a statutory board director.

Lowes' appointment follows the announcement that previous CFO Jason Ashton is now acting as interim chief executive officer, following Jo Hallas' decision to step down as CEO and director.

Lowes has been group financial controller at Tyman for the past five years. Prior to this, she held a variety of roles at professional services firm PwC.

Tyman adds that the process for the selection of a permanent CEO is progressing and an appointment will be announced in due course.

Interim CEO Jason Ashton says: "Juliette is an experienced and highly valued member of the finance team with deep knowledge of Tyman and its operations. I have full confidence that she will prove to be an excellent interim CFO and provide invaluable guidance to the Group as we continue to implement Tyman's strategic vision to deliver shareholder value."

Current stock price: 241.50 pence

12-month change: down 21%

By Holly Beveridge, Alliance News reporter

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