18th May 2023 13:29
(Alliance News) - Topps Tiles PLC on Thursday named Paul Forman as an independent non-executive director and chair designate.
Current Chair Darren Shapland is now in his ninth year in the post. Therefore, he is nearing the end of his maximum term at the Leicestershire, England-based tile seller.
Forman will join Topps Tiles board of directors on July 1, to allow for an orderly transition of responsibilities. He will then succeed Shapland as chair at the start of the company's new financial year on October 1.
Forman has previously been chief executive of Essentra PLC, Coats Group PLC and Low & Bonar PLC.
He is currently a senior independent director at Tate & Lyle PLC and chair designate at FSI Ltd.
Chair Darren Shapland said: "I'm delighted that we have secured an individual of Paul's calibre as chair Designate. His strong track record, both as a PLC executive and non-executive, will be of great benefit to Topps as the business builds on its market leadership position and continues to develop and expand in the years ahead."
Topps Tiles shares were 1.4% lower at 49.60 pence each on Thursday afternoon in London.
By Sophie Rose, Alliance News reporter
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