REG - Marshalls PLC - Directorate Change

MarshallsAnnouncement

07/08/2025 07:00

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RNS Number : 3121U  Marshalls PLC  07 August 2025

07 August 2025

 

 

Marshalls plc

('Marshalls' or 'Group')

 

 

Board changes and appointment of Non-Executive Director

 

Marshalls, a leading manufacturer of sustainable solutions for the built
environment, is delighted to confirm the appointment of Paul Inman to the
Board as a Non-Executive Director with effect from 15 September 2025. Paul is
an experienced business leader, having most recently been the CFO of Yorkshire
Water.

 

Graham Prothero, our Senior Independent Director and Audit Committee Chair,
has informed the Board that, after nine years with the Group, he wishes to
retire from the Board at the end of Marshalls' 2026 AGM. Paul joins as Audit
Committee Chair designate and will assume this role fully when Graham steps
down next year. Graham and Paul will work closely together until Paul formally
succeeds Graham. Paul will also join the Audit, Remuneration, Nomination and
ESG Committees.

 

Diana Houghton, who joined the Board in 2023, has agreed to assume the role of
Senior Independent Director, succeeding Graham Prothero in this role when he
retires.

 

Vanda Murray OBE, Chair of the Board, commented:

 

"The Board is delighted that Paul will be joining the Company as a
Non-Executive Director and Audit Committee Chair designate. With Graham
Prothero stepping down next year, Paul's appointment is part of our wider
succession planning and ensures we have the skills and experience to support
the execution of our strategy and maintain our commitment to responsible
governance.

 

The Board would like to thank Graham for his significant contribution to the
success of the Company, particularly in his capacity as Audit Committee Chair
and Senior Independent Director. Graham's sector knowledge and experience have
proved invaluable in helping the Board navigate a number of business
challenges and changes to the governance landscape over recent years. Diana
will take on the vital role of Senior Independent Director, with her board and
industry experience providing the ideal foundation for this role."

 

Certain information contained in this announcement would have constituted
inside information (as defined by Article 7 of Regulation (EU) No 596/2014),
as it forms part of domestic law by virtue of the European Union (Withdrawal)
Act 2018) ("MAR") prior to its release as part of this announcement and is
disclosed in accordance with the Company's obligations under Article 17 of
those Regulations.

 

Enquiries:

 

 Marshalls plc
 Matt Pullen, Chief Executive                            +44 1422 314777

 Shiv Sibal, Chief Legal Officer and Company Secretary

 Hudson Sandler (Financial PR)
 Dan de Belder                                           +44 20 7796 4133

 Harry Griffiths                                         marshalls@hudsonsandler.com (mailto:marshalls@hudsonsandler.com)

 

 

Paul Inman Biographical Notes

 

Paul most recently served as CFO of Yorkshire Water. Prior to this Paul was
the financial director for the air sector at BAE Systems, having previously
held multiple roles with Rolls-Royce. Paul has extensive cross-sector
financial experience and brings strong operational experience to the Board,
particularly from businesses dependant on critical high value assets. Paul has
led several transformation and change programmes as well as having significant
M&A, restructuring and finance experience.  Paul is a Member of the
Institute of Chartered Accountants in England and Wales.

 

Paul Inman is independent for the purposes of the UK Corporate Governance
Code. His recruitment follows a formal and rigorous process led by the
Nomination Committee with the support of external consultants Russell Reynolds
Associates. This announcement includes the information required by Listing
Rules 6.4.6 R to 6.4.8 R, and there is no information to report under Listing
Rule 6.4.8 R (1) - (6) inclusive.

 

 

Note to the Editor:

 

About Marshalls plc:

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of
sustainable solutions for the built environment. It operates through three
trading divisions: Landscaping; Building; and Roofing. At a Group, divisional
and brand level, Marshalls' strategy centres around its customers who value
its unique set of capabilities, namely leading brands, best in class technical
and design support and carbon leadership. This is underpinned by business wide
enterprise excellence, leadership in ESG governance and standards and its
people, organisation, and culture.

 

The Group operates a national network of manufacturing and distribution sites.
Marshalls is committed to quality in everything it does, including the
achievement of high environmental and ethical standards and continual
improvement in health and safety performance. Its strategic goal is to become
the UK's leading manufacturer of sustainable solutions and products for the
built environment.

 

Forward-Looking Statements:

Any statements in this release, to the extent that they are forward-looking,
are subject to risk factors associated with, amongst other things, the
economic and business circumstances occurring from time to time in the markets
in which Marshalls operates. It is believed that the expectations reflected in
these statements are reasonable, but they may be affected by a wide range of
variables, which could cause actual results to differ materially from those
currently anticipated.  More information about the factors that may affect
Marshalls' performance is contained in the Annual Report to shareholders for
the year ended 31 December 2024.

 

 

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