Headlam Group PLC Directorate Changes (7532J)
September 14 2016 - 1:01AM
UK Regulatory
TIDMHEAD
RNS Number : 7532J
Headlam Group PLC
14 September 2016
14 September 2016
Headlam Group plc
("Headlam" or "the group")
Directorate Changes
Headlam (LSE: HEAD), Europe's leading floorcoverings
distributor, announces that, after more than 25 years with the
business, Tony Brewer is stepping down as Group Chief Executive.
Tony, who was Group Chief Executive for 16 years, has been
instrumental in building the group, and the board would like to
place on record its thanks and appreciation for all that he has
achieved.
The board is delighted to announce the appointment of Steve
Wilson, who has been Group Finance Director since 1991, to succeed
Tony as Chief Executive Officer with immediate effect. Steve brings
to the role not only an in depth knowledge of the group's
operations and financials but also a strong skillset for the future
development of the business.
The board has begun a recruitment process to appoint a new Chief
Financial Officer. Until this appointment is made, Steve will
maintain oversight of the finance function.
The board is also pleased to announce that Tony Judge, who has
worked at the group for more than 24 years, has been appointed to
the operational role of Chief Operating Officer. Tony has held a
number of senior operational roles at the group, most recently as
Commercial Director of the Coleshill and Tamworth businesses. Tony
has 35 years' experience in the floorcovering industry and brings
an abundance of knowledge and expertise to the role.
Headlam stated in its interim results, announced on 24 August
2016, that: "Our market appears to be robust and, subject to the
key trading period in the run-up to Christmas, the board remains
confident of achieving full year expectations." This position
remains unchanged.
Dick Peters, Headlam's Chairman, said:
"On behalf of the board, I would like to express our sincere
thanks to Tony Brewer for his enormous contribution to the building
of Headlam into Europe's leading floorcovering distributor. We wish
him well for the future."
For more information, please contact:
Headlam Group plc Tel: +44 (0)
1675 433000
Dick Peters, Chairman
Stephen Wilson, Chief Executive
Officer
Investec Bank plc (Joint Corporate Tel: +44 (0)
Broker) 20 7597 4000
Garry Levin / David Flin / Alex
Wright
Arden Partners plc (Joint Corporate
Broker) Tel: +44 (0)
20 7614 5900
Tel: +44 (0)
121 423 8900
Jonathan Keeling / Steve Douglas
/ Catherine Miles
Buchanan Tel: +44 (0)
20 7466 5000
Mark Court / Sophie Cowles /
Catriona Flint
Notes to Editors
Headlam Group plc
Headlam markets, supplies and distributes an extensive range of
floorcovering products. The group's activities and facilities are
located throughout the UK, France, Switzerland and the
Netherlands.
More information is available at http://www.headlam.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOABCGDCDXBBGLX
(END) Dow Jones Newswires
September 14, 2016 02:01 ET (06:01 GMT)
Headlam (LSE:HEAD)
Historical Stock Chart
From Apr 2024 to May 2024
Headlam (LSE:HEAD)
Historical Stock Chart
From May 2023 to May 2024