Board Changes

RNS Number : 1301K

Wolseley PLC

25 July 2013

 



NEWS RELEASE

25 July 2013

Wolseley plc - Board Changes

Wolseley plc today announces the following changes to its Board of Directors. 

Andrew Duff, currently Wolseley's Senior Independent Director, will step down from the Board at the next Annual General Meeting after nine years of service with the Company.  His responsibilities as Remuneration Committee Chairman and as Senior Independent Director will be assumed by Alan Murray, with effect from 1 August and 1 October 2013 respectively.

In order to continue to capitalise on the significant growth opportunities in the USA, Frank Roach, who is currently responsible for both the USA and Canada will dedicate more of his time to leading the business in the USA.  John Martin will assume executive responsibility for Canada in addition to his role as Group CFO.   

Gareth Davis, Chairman, commented:

"I would like to thank Andy for his outstanding contribution to Wolseley over the last nine years and wish him the very best for the future.  We are fortunate to have a Non Executive Director of the calibre of Alan Murray to succeed Andy and we wish him every success in his new role."

For further information please contact

Wolseley plc

Mark Fearon, Director of Corporate Communications and IR

Mobile: +44  (0) 7711 875070

Brunswick (Media Enquiries)

Michael Harrison, Sophie Brand

Tel:       [phone]

Notes to statement

Wolseley plc is the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials in North America, the UK and Continental Europe. Group revenue for the year ended 31 July 2012 was £12.7 billion and trading profit was £658 million. Wolseley has around 40,000 employees, is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies.

The Group will issue its full year results on Tuesday 1 October 2013.

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