Headlam Group PLC Appointment of Chief Financial Officer (7801E)
May 11 2017 - 1:01AM
UK Regulatory
TIDMHEAD
RNS Number : 7801E
Headlam Group PLC
11 May 2017
11 May 2017
Headlam Group plc
('Headlam' or the 'Company')
Appointment of Chief Financial Officer
Headlam Group plc (LSE: HEAD), Europe's largest distributor of
floorcoverings, is pleased to announce the appointment of Chris
Payne as Chief Financial Officer and Executive Director of the
Board. Chris will join the Company on or before 8 November 2017. A
further announcement on the exact timing will be made in due
course.
Chris, 44, is currently Group Commercial Finance Director at
Biffa plc ('Biffa'), a leading UK integrated waste management
company, where his responsibilities include overseeing all the
operational finance teams and divisional Finance Directors.
Chris joined Biffa in July 2013 as Finance Director of the
Industrial and Commercial Division, and was previously at Mitie
Group plc, the facilities management and consultancy company,
between January 2008 and July 2013 where he held two divisional
Finance Director positions.
Chris is a qualified Chartered Accountant having trained with
KPMG and is a fellow of the Institute of Chartered Accountants in
England and Wales.
Steve Wilson, Chief Executive, said:
"I am delighted that Chris is joining Headlam. He has over 20
years' experience within the service industry and a broad range of
expertise, and will be a great addition as we implement our plans
to further improve the operating performance of the Company going
forward."
No further information is required to be disclosed pursuant to
LR 9.6.13
Enquiries:
Headlam Group plc
Steve Wilson, Chief Executive Tel: 01675 433 000
Catherine Miles, Director Tel: 01675 433 006
of Communications
Investec Bank plc (Joint Tel: 020 7597 5970
Corporate Broker)
Garry Levin / David Flin
/ Alex Wright
Arden Partners plc (Joint Tel: 0121 423 8900 / 020
Corporate Broker) 7614 5900
Jonathan Keeling / Steve
Douglas
Buchanan (Financial PR and Tel: 020 7466 5000
IR)
Mark Court / Sophie Cowles
/ Catriona Flint
Notes for Editors:
Headlam is Europe's largest distributor of floorcoverings having
grown significantly via organic growth and acquisition since
1992.
Headlam provides the distribution link between suppliers and
customers of floorcoverings, providing suppliers with the greatest
coverage and customer penetration for their products across the UK
and Continental Europe, and customers with the broadest range of
products supported by next day delivery.
The Company is engaged with suppliers across 16 countries whose
products cover a significant proportion of the floorcoverings
market (including carpet, residential vinyl, wood, laminate, luxury
vinyl tile, underlay and commercial flooring). The Company's
customers are within the residential and commercial sectors and
comprise principally independent retailers and flooring
contractors.
The Company currently comprises 61 wholly-owned businesses in
the UK and Continental Europe each operating under their own trade
brand and utilising their individual sales team which achieves a
greater reach into the customer base.
Each of the businesses is supported by the Company's centralised
and financial resources and extensive distribution network across
the UK and Continental Europe that comprises four distribution
hubs, 18 distribution centres, 55 service centres and a corporate
showroom.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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