REG-Travis Perkins Travis Perkins: Chair (designate) appointment

Travis PerkinsAnnouncement

10/07/2024 07:15

============

   Travis Perkins (TPK)
   Travis Perkins: Chair (designate) appointment

   10-Jul-2024 / 07:01 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

                                  10 July 2024

                     Travis Perkins plc: Directorate change

   Pursuant to Listing Rule 9.6.11 Travis Perkins plc (“Group or Company”)
   makes the following announcement.

                         Chair (designate) appointment

   Travis Perkins plc is pleased to announce that Geoff Drabble is appointed
   as a Non-Executive Director of the Company with effect from 1 October
   2024. He has also been appointed Chair (designate) from the same date and
   will take up the position of Chair as soon as his capacity allows.

   Geoff brings unrivalled experience in publicly listed businesses across
   the building materials distribution, equipment hire and tools markets in
   which the Travis Perkins Group operates, gained from both executive and
   non-executive roles.

   Geoff is Chair of Ferguson plc, the building materials distribution
   business listed on the New York and London Stock Exchanges, which
   primarily operates in North America. He is also currently Chair of DS
   Smith Plc, the international packaging company. He was a Non-Executive
   Director of Howden Joinery Group plc, the UK’s leading specialist kitchen
   supplier, from 2015 to 2023, serving latterly as its Senior Independent
   Director.

   In his executive career, Geoff was Group Chief Executive of Ashtead Group
   plc, the FTSE 100 listed international equipment hire company, from 2006
   to 2019 and previously held senior executive positions in Laird Group plc
   and Black and Decker Corp. 

   Jez Maiden, Interim Chair, commented:

   “Geoff brings a deep and relevant skill set to the Board, particularly
   with respect to building materials distribution and equipment hire. He has
   been successful at the most senior executive and non-executive levels, and
   I am pleased that he is joining us as a Non-Executive Director and Chair
   (designate).

   “With Pete Redfern announced as our new Chief Executive Officer and Duncan
   Cooper recently joining as Chief Financial Officer, we have a strong and
   experienced Board and leadership team to drive value for all our
   stakeholders.”

   Geoff Drabble commented:

   “I am delighted to be joining the Board of Travis Perkins and look forward
   to working closely with Pete, Duncan and the wider executive team as we
   look to create a simpler, more efficient, customer-centric business,
   focused on maximising its inherent strengths. I am excited by the
   opportunity to contribute towards returning the business to growth and to
   create a pathway to improving profitability and creating significant
   shareholder value.”

   There is no further information to be disclosed in respect of Geoff
   Drabble under paragraphs 9.6.13 (1) to (6) of the Listing Rules.

    

   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:

    

   Travis Perkins                   FGS Global
   Matt Worster                     Faeth Birch / Jenny Davey / James Gray
   +44 (0) 7990 088548              +44 (0) 207 251 3801
   matt.worster@travisperkins.co.uk TravisPerkins@fgsglobal.com

    

   Remuneration Disclosure:

    

   Geoff will be paid in accordance with the current Directors’ Remuneration
   Policy and such future Directors' Remuneration policies as are approved by
   shareholders from time to time. As a Non-Executive Director he will
   receive an annual fee of £64,272, which will increase to £350,000 on
   becoming Chair.

    

    

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, 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.:   333068
   EQS News ID:    1942801


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    1 fncls.ssp?fn=show_t_gif&application_id=1942801&application_name=news&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912

References

   Visible links


============