SIG announces Simon King to its Board as Non-Executive Director alongside Ian Ashton as new CFO

– UK, Sheffield –  SIG plc (LON: SHI), a leading supplier of specialist building materials to trade customers across Europe, today announced the appointments of Ian Ashton as permanent Group Financial Officer and Director and Simon King as a Non-Executive Director with effect from 1 July 2020.

“The Board is delighted to have appointed both Simon King and Ian Ashton to SIG. Simon’s extensive hands-on experience will be invaluable in our efforts to build on SIG’s leading market positions and return the business back to profitable growth,” said Board Chairman, Andrew Allner.

He added: “Ian is a highly experienced senior executive with a strong track record of driving change and is an extremely valuable addition to the team as we pursue our new strategy for growth. On behalf of the Board, I would like to thank Kath for her dedication and leadership through this challenging time and we wish her all the best for the future.” 

About Ian Ashton

Ian will join us from Low & Bonar plc, where he has served as Group Chief Financial Officer. Prior to that, he was Chief Financial Officer of Labviva LLC, a US-based technology company. Ian worked for twenty years at Smith & Nephew plc until December 2017, undertaking various financial roles of increasing seniority in the UK, the US and Asia. His last role was Chief Financial Officer, Global Operations, and prior to that Ian served as Chief Financial Officer of their Advanced Surgical Devices Division. Ian is a qualified chartered accountant and began his career at Ernst & Young.

Ian Ashton, commented, “I am delighted to have been appointed CFO of SIG. The Group retains a significant presence in a number of high growth end-markets, with leading positions across Europe. I look forward to working alongside Steve Francis and the rest of his management team to deliver the new strategy and drive a return to sustainable profitable growth.”

Ian replaces Kath Kearney-Croft, who assumed the role of Interim Chief Financial Officer on 25 February 2020.

About Simon King

Simon has over 35 years’ experience leading international businesses. Most recently he served on the Travis Perkins Executive Board and held the position of Chief Operating Officer of Wickes. Prior to that Simon held various operational roles at Walmart, Savola Group and Tesco.

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