Finance
UK's Sig Finance Chief Ashton to Step Down for Tt Electronics Role
Published by Global Banking & Finance Review®
Posted on April 10, 2026
1 min readLast updated: April 10, 2026
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Quick Summary
SIG’s CFO Ian Ashton, after six years in the role, is stepping down to become finance chief at TT Electronics, succeeding interim CFO Richard Webb. Ashton will stay at SIG for up to six months.
SIG Finance Chief Ian Ashton to Join TT Electronics as CFO
Leadership Transition in Finance Roles
Ian Ashton’s Departure from SIG
April 10 (Reuters) - Building material supplier SIG's Group Chief Financial Officer Ian Ashton will step down after six years in the role, the company said on Friday, to take over as finance chief of electrical component maker TT Electronics.
Transition Timeline at SIG
Ashton will remain in his role at SIG for up to six months.
TT Electronics’ CFO Appointment
Succession Plan at TT Electronics
At TT Electronics, Ashton will succeed Richard Webb, who has served as the interim chief financial officer since May 2025. Webb will continue in the interim role until Ashton joins.
Ian Ashton’s Professional Background
In the past, Ashton has held senior finance roles at British textiles company Low & Bonar and U.S.-based technology firm Labviva.
(Reporting by Neeshita Beura in Bengaluru; Editing by Mrigank Dhaniwala)
Key Takeaways
- •Ian Ashton moves from SIG CFO to CFO at TT Electronics after six years at SIG
- •He will remain at SIG for up to six months to support transition
- •At TT Electronics, Ashton will succeed interim CFO Richard Webb, who has held the role since May 2025
Frequently Asked Questions about UK's SIG finance chief Ashton to step down for TT Electronics role
1Who is stepping down as SIG's Group CFO?
Ian Ashton is stepping down as SIG's Group Chief Financial Officer.
2Why is Ian Ashton leaving SIG?
Ian Ashton is leaving SIG to take over as finance chief of TT Electronics.
3How long will Ian Ashton remain at SIG?
Ian Ashton will remain in his role at SIG for up to six months.
4Who is Ian Ashton succeeding at TT Electronics?
Ian Ashton will succeed Richard Webb, who has served as the interim chief financial officer since May 2025.
5What are Ian Ashton's previous roles?
Ian Ashton has held senior finance roles at Low & Bonar and Labviva.
