Ferguson PLC Non-Executive Director Appointments (2334J)
21 Diciembre 2020 - 3:00AM
UK Regulatory
TIDMFERG
RNS Number : 2334J
Ferguson PLC
21 December 2020
December 21, 2020
Ferguson plc
Non-Executive Director Appointments
Ferguson plc announces the appointment of Suzanne Wood and Brian
May to the Board as Non-Executive Directors effective January 1,
2021. Both Suzanne and Brian will join the Nominations and Audit
Committees of the Board.
Suzanne Wood, a US citizen, has extensive financial, operational
and public company experience. Suzanne is currently the Senior Vice
President and Chief Financial Officer ("CFO") for Vulcan Materials
Company, the USA's largest producer of construction aggregates, a
role she has held since September 2018. Prior to this, Suzanne was
CFO of Ashtead Group plc, the FTSE 50 equipment rental company, for
six years having joined the business in 2003 as CFO of Sunbelt
Rentals, Ashtead's largest operating brand based in the USA.
Between 1993 and 2003 Suzanne served as CFO of two US publicly
listed companies, Oakwood Homes Corporation and Tultex Corporation.
Suzanne is a chartered accountant, having trained with
PriceWaterhouse LLP and is also a non-executive director of RELX
PLC.
Brian May, a UK citizen, is a highly experienced executive with
considerable financial, operational and industry expertise having
spent 27 years at Bunzl plc, the global distribution and services
Group. The business generates approximately 60 per cent of its
revenue in North America. Brian was CFO of Bunzl for 14 years
before his retirement in late 2019. Prior to this, he was
Divisional Finance Director of Bunzl's UK, Europe and Australasia
division for nine years holding roles across Treasury and Internal
Audit functions before that. A chartered accountant, qualifying
with KPMG, Brian is also a non-executive director of United
Utilities Group PLC and ConvaTec Group plc.
Geoff Drabble, Chairman of Ferguson plc, commented:
"We are delighted to welcome Suzanne and Brian to the Board, two
directors of the highest caliber. They have impressive track
records of value creation and have served on Boards of
international publicly-listed companies with significant operations
in the US. I am in no doubt that their industry knowledge and
experience in running large scale distribution businesses in the US
will serve Ferguson and its shareholders exceptionally well in the
future."
With respect to Brian May there is no further information
required to be disclosed pursuant to paragraph 9.6.13R of the
Listing Rules. In accordance with Listing Rule 9.6.13R (1) to (6)
Ms Wood has advised that Oakwood Homes Corporation, of which she
was Chief Financial Officer, filed a plan of reorganization under
Chapter 11 of the US Bankruptcy Code in 2002. There are no
additional details to disclose under Listing Rule 9.6.13R in
respect of the appointment of Ms Wood.
Notes to editors:
For further information please contact
Ferguson plc
Mark Fearon, Director of Corporate Communications
and IR Mobile: +44 (0) 7711 875070
Mike Ward, Head of Corporate Communications Mobile: +44 (0) 7894 417060
Media Enquiries
+44 (0) 20 7404
Nina Coad (Brunswick) Tel: 5959
About Ferguson plc
Ferguson plc is a leading value added distributor of plumbing
and heating products to professional contractors principally
operating in North America. Ongoing revenue for the year ended July
31, 2020 was $19.9 billion and ongoing underlying trading profit
was $1.6 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 or follow
us on Twitter https://twitter.com/Ferguson_plc .
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END
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