Fort Worth, Texas – January 21, 2016 – TTI, Inc. the leading authorized distributor of interconnect, passive, electromechanical and discrete components, today announced the promotion of Scott Slack to the position of Senior Vice President and Chief Financial Officer. Slack takes the helm as Nick Kypreos, Senior Vice President and Chief Financial Officer, retires after 31 years of service with TTI.

In making the announcement, Paul Andrews, CEO, said, “Back in 1983, Nick inherited a non-existent financial accounting system and over the years has built a system considered best-in-class. I am confident that Scott will continue to build upon our past accomplishments and make the financial decisions that will enable us to continue our growth in the electronics industry.”

Effective February 1, 2016, Slack will assume direct responsibility for managing TTI’s financial services for North America, Europe and Asia.

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