– SWITZERLAND / UK – Wolseley plc today announces the appointment of Darren Shapland to its Board as a Non Executive Director with effect from 1 May 2014. Darren will also become a member of the Audit, Remuneration and Nominations Committees of the Board.
Darren, 47, has considerable operational experience and was previously Chief Executive Officer of Carpetright plc, Europe’s leading floor covering retailer, between 2012 and 2013. Prior to that Darren’s career was with Sainsbury’s plc, the supermarket retailer, joining the Group in 2005 where he was Chief Financial Officer for five years before subsequently becoming Group Development Director in 2010. He was also Chairman of Sainsbury’s Bank. Previously Darren was Group Finance Director of Carpetright plc between 2002 and 2005 and prior to that he was Finance Director of Superdrug Stores plc between 2000 and 2002. His previous career was with Arcadia Group Ltd where he spent 12 years in a variety of operational management and finance positions.
Darren is also a Non Executive Director of Poundland Group plc, the discount retailer, where he is the Senior Independent Director. He is also a Non Executive Director of Ladbrokes plc, the bookmaker, where he is the Chairman of the Audit Committee.
Darren is a qualified chartered certified accountant.
Commenting on the Board appointment, Gareth Davis, Chairman, said: “We are delighted to welcome Darren to the Wolseley team. His long career in retail, in particular running the finance functions of major plcs, will be a great asset to Wolseley, as will his experience gained from his directorships of other major companies. We look forward to working with him.”
Wolseley plc is the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials in North America, the UK and Continental Europe. Group revenue for the year ended 31 July 2013 was £13,154 million and trading profit was £725 million.
Wolseley has approximately 39,000 employees and is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies.
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