TI Fluid Systems plc announced that retirement of the company's current Chair of the Board, Manfred Wennemer, has informed the Board that he has decided to retire and step down immediately following the company's 2022 Annual General Meeting on 18 May 2022. Manfred will continue to serve as Chair of the Board and Chair of the Nomination Committee until the end of the AGM. The Board has appointed Tim Cobbold, current Senior Independent Director and Chair of the Remuneration Committee, to succeed Manfred as Chair of the Board following the AGM.