Travis Perkins / GB00BK9RKT01
27.03.2024 - 08:00:09Travis Perkins: Directorate Change
Travis Perkins (TPK) 27-March-2024 / 07:00 GMT/BST 27 March 2024 Travis Perkins plc DIRECTORATE CHANGE The Board of Travis Perkins plc (“Travis Perkins” or the “Company”) today announces that Nick Roberts will be stepping down as Chief Executive Officer and from the Board after five years in the role. The Board and Nick are aligned that now is the right time to search for a new leader to take the business forward and the Nominations Committee is currently undertaking a thorough search process for Nick’s successor. Nick has agreed to remain in role until a successor is identified. Jasmine Whitbread, Chair, commented: “On behalf of the Board, I would like to thank Nick for his dedication and contribution to the business over the last five years. While there has been good progress made in modernising the business, the Board fully recognises the under performance of the business over recent reporting periods, in the context of continued economic challenges and end market weakness. We remain fully focused on improving profitability and enhancing cash generation, as well as accelerating changes to our operating model to create a simpler, more efficient business, well positioned to emerge stronger when markets recover and to grow shareholder value.” Nick Roberts commented: “Travis Perkins is a great company with a talented team and I have been privileged to serve as CEO for the last five years. I am proud of the progress we have made in modernising the company. While the Board identifies my successor, I will continue to rigorously execute on our plan and drive performance.” This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/204 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018 and has been authorised for release by Robin Miller General Counsel and Company Secretary. Enquiries:
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
ISIN: | GB00BK9RKT01 |
Category Code: | BOA |
TIDM: | TPK |
LEI Code: | 2138001I27OUBAF22K83 |
OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
Sequence No.: | 312119 |
EQS News ID: | 1868069 |
End of Announcement | EQS News Service |
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