Wolseley
Wolseley owns and operates around 5000 branches and a network of distribution centres employing around 74,000 people. The company's businesses service primarily the housing and construction industry, supplying a wide range of electrical, plumbing, ventilation, heating and building material products.
Wolseley CEO Hornsby steps down, Ian Meakins named successor
Wolseley PLC (LSE: WOS) said Chip Hornsby has stepped down as group chief executive with immediate effect, and it has appointed former Travelex Holdings Ltd CEO Ian Meakins as successor with effect from July 13 2009.
The distributor of plumbing and heating products to professional contractors and building materials supplier said Hornsby is leaving following the completion of the £1 billion capital raising in April 2009 and the recent disposal of Stock Building Supply which have significantly strengthened the group's financial position.
Meakins was previously CEO of Alliance UniChem PLC until its merger with Boots in July 2006.
Other Wolseley articles
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Other Wolseley news
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23/02/10 Wolseley sees full-year profits before exceptionals above consensus forecast of £326 mln
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11/01/10 Wolseley disposes of loss-making Irish subsidiary for €26.5 million
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18/11/09 Wolseley Says Trading Environment Remains Extremely Tough
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27/07/09 Wolseley issues downbeat trading update, but bad news already priced in
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28/05/09 Wolseley expects building materials sector to remain challenging until 2010
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26/01/09 Wolseley sees no upturn in sight






