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Titomic (ASX: $TTT) extends managing director's contract

Titomic Limited extends Herbert Koeck's contract as Managing Director


Titomic Limited (ASX: $TTT) has confirmed the extension of Herbert Koeck's employment contract as Managing Director for a further term of at least 12 months and up to two years. Mr. Koeck has overseen the transition of the Company from an R&D focused operation to a robust commercial company, leading to increased interest in its Cold Spray Additive Manufacturing technology and significant commercial traction across various industrial sectors.

Executive Commentary on Herbert Koeck's Reappointment


During this period of commercialisation and growth, there is no better person to lead Titomic than Herbert Koeck. Herbert is a proven leader with deep additive manufacturing experience, business vision, and ability to bring people together. His vision and experience in bringing advanced technologies to customers around the world is exactly what Titomic needs as the Company continues the commercialisation of its CSAM technology, centred on building partnerships as well as joint ventures with customers.

Summary of Titomic's Announcement


Titomic Limited (ASX: $TTT) has extended Herbert Koeck's contract as Managing Director, reflecting the shareholders' confidence in the Company's commitment to maintaining its focused approach and steadfast path. Mr. Koeck's reappointment reaffirms the strategic vision and direction of the Company, as it continues to see increased interest in its Cold Spray Additive Manufacturing technology and significant commercial traction across various industrial sectors. The extension of Mr. Koeck's contract signals Titomic's dedication to furthering its commercialisation and expansion into global markets, positioning the Company to revolutionise traditional manufacturing and repair and maintenance work across multiple industrial sectors.

Sourcehttps://announcements.asx.com.au/asxpdf/20231214/pdf/05ykgfnxt160t0.pdf

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