NEWS RELEASE
30 May 2018
John Daly to step down as a Non Executive Director |
Ferguson plc announces that John Daly has decided to step down as a Non Executive Director following more than four years' service. John's resignation from the Board is a result of his increased business commitments elsewhere and will take effect from the end of this month.
Ferguson plc Chairman, Gareth Davis said:
"On behalf of the Board I would like to thank John for his considerable contribution to Ferguson over the past four years. We understand the reasons behind John's decision, with other time commitments, in particular the recent listing of Vivo Energy plc where he is Chairman. I would like to take this opportunity to wish John well for the future."
For further information please contact
Ferguson plc
Mike Powell, Chief Financial Officer |
Tel: +41 (0) 41 723 2230 |
Mark Fearon, Director of Corporate Communications and IR |
Mobile: +44 (0) 7711 875070 |
Brunswick (Media Enquiries) |
Tel: +44 (0)20 7404 5959 |
Notes to announcement
Ferguson plc is the world's largest specialist trade distributor of plumbing and heating products to professional contractors principally operating in North America and the UK. Ongoing revenue for the year ended 31 July 2017 was $18.8 billion and ongoing trading profit was $1.3 billion. Ferguson plc is listed on the London Stock Exchange (LSE: FERG) and is in the FTSE 100 index of listed companies. For more information, please visit www.fergusonplc.com.
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