LONDON, UK: Howdens Joinery Group has appointed Peter Ventress as Chairman Designate and Non-Executive Director efficient 1 July 2022, and he’ll assume the role of Chairman from 17 September 2022, a bourse submitting noted.
Peter is currently Chairman of Bunzl plc and Galliford Try plc. He was previously a Non-Executive Director of BBA Aviation plc, the place he was Senior Independent Director and Chairman of the Remuneration Committee.
He was additionally previously a non-executive director of Softcat plc, Premier Farnell plc and Staples Solutions NV. Peter was Chief Executive Officer of Berendsen plc from 2010 to 2016 and previous to that he held a number of senior executive roles together with International President of Staples Inc and Chief Executive Officer of Corporate Express NV, a Dutch quoted firm which was subsequently acquired by Staples.
As well as his role as Chairman Designate and Non-Executive Director, Peter will be appointed to the Nominations and Sustainability Committees of the Board and he’ll become Chairman of those committees on 17 September 2022 when he assumes the role of Chairman of the Board. Galliford Try introduced earlier today that Peter will be stepping down as Chairman and a Non-Executive Director with impact from 15 September 2022.
Geoff Drabble, Senior Independent Non-Executive Director, said: “We are delighted to welcome Peter to the Board of Howdens. In searching for Richard’s successor we conducted an extensive recruitment course of and Peter was the ideal candidate. His record of worth creation is excellent and he has a wealth of knowledge and expertise throughout all kinds of companies and industries. Peter’s appointment will allow a smooth transition forward of Richard reaching his nine-year tenure as Chairman.”
Peter Ventress, Chairman Designate, said: “It is an enormous privilege to be requested to function Chairman of Howdens. Since being based in 1995, the enterprise has been transformed into the main commerce provider of kitchens within the UK by steadfastly focusing closely on the wants of its customers. The enterprise operates in attractive and fragmented markets underpinned by its confirmed in-stock, commerce solely enterprise model, and I look forward to playing my half in driving its continued success.”
The Company introduced on 18 February 2022 that Richard Pennycook had indicated his intention to retire with impact from 17 September 2022 forward of reaching his nine-year tenure as a Non-Executive Director in line with good governance practice.
Howden Joinery Group Plc is the parent firm of Howden Joinery (Howdens). In the UK, Howdens sells kitchens and joinery merchandise to commerce customers, primarily small native builders, through 778 depots. In 2021, the enterprise generated revenues of round £2.1 billion and revenue earlier than tax of £390.3 million. Around one-third of the merchandise it sells are manufactured in home at its factories in Runcorn, Cheshire, and Howden, East Yorkshire each of which recently achieved carbon impartial status. The enterprise additionally operates a complete of forty depots in France and Belgium. From 21 March 2022 Howdens will become a member of the FTSE 100.
www.howdenjoinerygroupplc.com