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Meakins to step down from Wolseley role

The chief executive of heating and plumbers merchant Wolseley will retire later this year after more than seven years at the helm.

Meakins to step down from Wolseley role

Ian Meakins will retire on 31 August 2016 and be succeeded by chief financial officer John Martin, who joined Wolseley in 2010.

“It has been a huge privilege to have had the opportunity to lead Wolseley,” Meakins said.

“I am very proud of what all our teams have achieved together and the business is well placed for continued profitable growth and delivering attractive shareholder returns.”

Wolseley chairman Gareth Davis added: “Ian has made an outstanding contribution during his tenure as CEO, transforming the group’s businesses to deliver excellent service to our customers, developing our people and generating great returns for our shareholders.

” I am delighted that John will step up to the CEO role.”

Simon Nicholls will move into Martin’s role as chief financial officer. He is currently chief financial offer at aerospace technology company Cobham.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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