Ibstock Plc (LON:IBST) has confirmed that Joe Hudson will be appointed as the company's CEO with effect from 4 April 2018, on completion of the handover period with retiring CEO, Wayne Sheppard.
Hudson was unveiled as Ibstock's new CEO on 11 October 2017, and appointed to the Ibstock Board on 2 January 2018.
READ: Ibstock receives boost from sterling’s collapse
The clay and concrete building products manufacturer said that Sheppard will retire from the board after 23 years of service.
Jamie Pike, Ibstock's chairman, said: “The Board is extremely grateful to Wayne for his commitment to ensure smooth transition.”