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Travis Perkins promotes Tony Buffin to COO

Travis Perkins lorry and sign 725 x 500

The Board of Travis Perkins PLC places great importance on management succession throughout the business and planning well in advance at the most senior levels in the Group.  As part of its longer term planning, the Company announces the following changes:

Tony Buffin is promoted from the role of Chief Financial Officer to Chief Operating Officer.  In his new role Tony will have line responsibility for the Plumbing and Heating Division as well as leading the development of Toolstation in the UK and Europe and will continue to play a pivotal role as an executive director on the Board.

Alan Williams will join the Group as Chief Financial Officer, replacing Tony and reporting to John Carter. Alan will join the Board as an executive director with effect from 3rd January 2017. 

Alan has a broad range of experience in both corporate and operational roles within large, complex and global public businesses. Currently the CFO at Greencore, Alan has played an important role as part of the team developing the business and increasing the market value from £200m to £1.4b over 5 years. His earlier career was spent with Cadbury Schweppes in a variety of commercial and operational finance roles in the UK,France and the USA. His most recent position there was Global Corporate Finance Director. Alan brings with him a strong background in leading strategic initiatives, mergers and acquisitions, integration and business transformation. He is a qualified accountant and treasurer.

Robert Walker, Non-Executive Chairman Travis Perkins PLC commented:

"On behalf of the Board and all stakeholders I would like to congratulate Tony on his promotion; since joining the Group Tony has developed a high quality finance team across the organisation,  helped drive and articulate our strategy for growth and our focus on returns, built strong relationships with our shareholders and analyst communities and significantly improved the cash and funding position of the Group".

"I am delighted that Alan Williams is joining the Travis Perkins Board.  We are fortunate that we have been able to attract such a strong senior finance professional with broad experience across multiple sectors. The Board is confident that Alan will contribute further to the development of the Group and returns to shareholders and we look forward to welcoming him to the team".

Source : Travis Perkins PLC

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20 September 2016

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