Directorate Change

RNS Number : 5051Z

Wolseley PLC

27 May 2016

 

WOLSELEY PLC

Announcement RE: Group CFO

27 May 2016

The Board of Wolseley plc announces that Simon Nicholls will not take up his position as Chief Financial Officer (CFO) of the Group later this year.

David Keltner, current CFO of Ferguson Enterprises, the Group's US subsidiary, will be appointed as the Interim Group CFO of Wolseley plc on 1 September 2016. The selection process to appoint a permanent Group CFO will commence immediately.

The Company confirms that Ian Meakins will retire on 31 August 2016 and John Martin will succeed him as CEO on the 1 September 2016 as expected.

Enquiries:

Wolseley plc

Mark Fearon, Director of Corporate Communications and IR	Mobile:	[phone]
Mike Ward, Head of Communications	Mobile:	[phone]

Brunswick (Media Enquiries)

Nina Coad

Tel:

[phone]

About Wolseley plc

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, operating in North America, the UK and Continental Europe. Ongoing revenue for the year ended 31 July 2015 was £13,300 million and ongoing trading profit was £857 million. Wolseley has about 38,500 employees and is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies. For more information, please visit www.wolseley.com or follow us on Twitter https://twitter.com/wolseleyplc.

 

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