REG - Ibstock PLC - Appointment of Chief Financial Officer

IbstockAnnouncement

Today 07:05

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260421:nRSU2085Ba&default-theme=true

RNS Number : 2085B  Ibstock PLC  21 April 2026

 

21(st) April 2026

Ibstock plc

Appointment of Chief Financial Officer

Ibstock Plc ("Ibstock" or the "Group"), a leading UK manufacturer of a range
of building products and solutions, is pleased to announce that Will Wilkins
will become the Group's Chief Financial Officer and an Executive Director. He
is expected to join on 1(st) August 2026.

 

Will joins Ibstock from Mpac Group plc, a global leader in high-speed
packaging and automation solutions listed on the FTSE AIM market where he has
been Chief Financial Officer since 2018 having held several finance roles at
the same company. Prior to this, Will held senior financial positions at BSH
Home Appliances, having started his career at Grant Thornton. Will currently
has no other external appointments.

 

The appointment follows the conclusion of a thorough CFO search process led by
the Nomination Committee, supported by external advisers.

 

Simon Bedford will continue as Interim Chief Financial Officer until Will
joins the Group.

 

Joe Hudson, Chief Executive Officer of Ibstock, said:

"On behalf of the Board, I am delighted to welcome Will to Ibstock to support
the continued delivery of our strategy. He brings considerable experience in
finance and operations in a listed manufacturing company environment and will
be a great complement to our Board and Executive team. I would also like to
thank Simon for his important contribution as Interim CFO since his
appointment in October 2025."

 

Will Wilkins said:

"I am very happy to be joining Ibstock Plc and look forward to working with
the Board and management team to support the delivery of its strategy. My
focus will be on maintaining strong financial discipline and ensuring the
Group is well positioned for long-term growth and value creation."

 

This announcement is made pursuant to Listing Rule 6.4.6R. No other
information is required to be disclosed pursuant to Listing Rule 6.4.8R in
relation to this appointment.

 

Enquiries to:

 Ibstock Plc
 Joe Hudson, CEO         01530 261999

 Citigate Dewe Rogerson  020 7638 9571
 Claire de Groot

 

 

 

Remuneration

Will Wilkins will receive a base salary of £400,000 and a Company pension
contribution of 10% of base salary (aligned with the arrangements of the wider
workforce).  His incentive arrangements have been set to be consistent with
the current Directors' Remuneration Policy approved at Ibstock's Annual
General Meeting in May 2025.

 

Full details of Will's remuneration arrangements will be disclosed in
Ibstock's 2026 Annual Report.

 

About Ibstock Plc

Ibstock Plc is a leading UK manufacturer of building products and solutions,
backed up by design and technical services and comprises of two core
divisions:

Ibstock Clay: The leading manufacturer by volume of clay bricks sold in the
UK, with 15 manufacturing sites served by 15 active quarries. Ibstock
Kevington provides masonry and prefabricated component building solutions,
operating from four sites.

 Ibstock Concrete: A leading manufacturer of concrete roofing, walling,
flooring and fencing products, along with lintels and rail &
infrastructure products. The concrete division operates from 13 manufacturing
sites across the UK.

Both divisions are complemented by Ibstock Futures, which was established in
2021 to accelerate growth in new segments of the UK construction market and
focuses on even more sustainable solutions and Modern Methods of Construction
(MMC) from two main locations.

The Group's ESG 2030 Strategy sets out a clear path to address climate change,
improve lives and manufacture materials for life, with an ambitious commitment
to reduce carbon emissions by 40% by 2030 and become a net zero operation by
2040.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEANLEASLKEFA



            Copyright 2019 Regulatory News Service, all rights reserved