Ferguson welcomes Suzanne Wood and Brian May to its Board as Non-Executive Directors

– SWITZERLAND, Zug –  Ferguson plc (LON: FERG) today announced the appointment of Suzanne Wood and Brian May to its Board as Non-Executive Directors effective January 1, 2021.

“We are delighted to welcome Suzanne and Brian to the Board, two directors of the highest caliber. They have impressive track records of value creation and have served on Boards of international publicly-listed companies with significant operations in the US. I am in no doubt that their industry knowledge and experience in running large scale distribution businesses in the US will serve Ferguson and its shareholders exceptionally well in the future.” said Board Chairman, Geoff Drabble.

Both Suzanne and Brian will join the Nominations and Audit Committees of the Board.

About Suzanne Wood

Suzanne Wood, a US citizen, has extensive financial, operational and public company experience. Suzanne is currently the SVP and CFO for Vulcan Materials Company, the USA’s largest producer of construction aggregates, a role she has held since September 2018. Before this, Suzanne was CFO of Ashtead Group plc, the FTSE 50 equipment rental company, for six years having joined the business in 2003 as CFO of Sunbelt Rentals, Ashtead’s largest operating brand based in the USA. Between 1993 and 2003 Suzanne served as CFO of two US publicly listed companies, Oakwood Homes Corporation and Tultex Corporation.

Suzanne is a chartered accountant, having trained with PriceWaterhouse LLP and is also a non-executive director of RELX PLC.

About Brian May

Brian May, a UK citizen, is a highly experienced executive with considerable financial, operational and industry expertise having spent 27 years at Bunzl plc, the global distribution and services Group. The business generates approximately 60 per cent of its revenue in North America. Brian was CFO of Bunzl for 14 years before his retirement in late 2019. Before this, he was Divisional Finance Director of Bunzl’s UK, Europe and Australasia division for nine years holding roles across Treasury and Internal Audit functions before that.

A chartered accountant, qualifying with KPMG, Brian is also a non-executive director of United Utilities Group PLC and ConvaTec Group plc.

About Ferguson plc

Ferguson plc is a leading value-added distributor of plumbing and heating products to professional contractors principally operating in North America. Ongoing revenue for the year ended July 31, 2020, was $19.9 billion and ongoing underlying trading profit was $1.6 billion. Ferguson plc is listed on the London Stock Exchange (LON: FERG) and is in the FTSE 100 index of listed companies.

For more information: https://www.fergusonplc.com/en

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