Malcolm Aldridge has retired from his position as chairman of builders merchant Selco Builders Warehouse, part of the Grafton Group.
The 68-year-old became a director in 1990, took on the role of managing director in 1998 and has spent the past three years as chairman.
“It will be emotional to walk out for the final time,” said Aldridge, who was formerly chief executive of British Dredging Plc and more recently chairman of Frontline and Smiths Bathrooms.
“It’s been a big attachment and a significant part of my life. But I will have plenty to keep me busy. It will give me more chance to extend my work with the church and as a community first responder, play some more golf and I’ve just started keeping bees.”
Aldridge has overseen a major period of growth at Selco, which has seen its number of branches expand from 5 to 34 including breaking into London, where there are now 18 Selco branches.
“It’s a unique business, but the products we are selling are not unique. It is the concept and level of service which are unique. We are a trade business with retail disciplines, which is key to our success.
“We’ve had great teams in the branches and a strong senior management team which is vital to the success of any business. We all have our strengths and weaknesses so I wanted to complement the talents of everyone and create a balanced management team where everyone had their say.
Selco chief executive Chris Cunliffe, who has worked alongside Malcolm for over 20 years, said: “His vast knowledge, expertise and passion have been key to Selco’s growth, and there is no doubt in my mind that Selco would not be the success story it is today without Malcolm.
“I and all Selco colleagues wish Malcolm an extremely happy and long retirement. It’s well deserved.”