TPS strengthens governance with new CEO and board committees

TPS S.p.A. ( (IT:TPS) ) has provided an announcement.

TPS S.p.A. announced that its Board of Directors, meeting after the recent shareholders’ assembly, has appointed engineer Alessandro Rosso as Chief Executive Officer with broad ordinary and extraordinary management powers. Management responsibilities were also assigned to General Manager engineer Massimiliano Anguillesi and to Dr. Alessandro Scantamburlo, reinforcing the company’s executive structure.

The board approved a policy for independent directors, verified the eligibility and independence requirements of directors and statutory auditors and confirmed the independence of three board members. It also set up a Related Parties Committee and a Strategic Committee and defined remuneration for board members, steps that strengthen governance, oversight and strategic decision‑making as TPS pursues its growth on the Euronext Growth Milan market.

More about TPS S.p.A.

TPS S.p.A. is the operating holding company of Gruppo TPS, a provider of technical and engineering services for high‑complexity industrial sectors. The group operates in aerospace, automotive, defense, energy, railway and cable transport systems, offering technical publishing and training, engineering and design, cost engineering, avionics software and systems integration, small‑series component production and digital content management.

The company, listed on Euronext Growth Milan and part of Borsa Italiana’s Elite program since 2016, serves leading manufacturers of aircraft, aeronautical components and major players in automotive, railway, defense, energy and transport systems. Its diversified service portfolio positions TPS as a specialist partner for technologically advanced industries requiring sophisticated engineering and documentation support.

Average Trading Volume: 5,250

Technical Sentiment Signal: Buy

Current Market Cap: €55.17M

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