Joe Hudson to take up Ibstock reins on 4 April
Ibstock
187.80p
17:00 14/11/24
-0.42%
-0.80p
Ibstock updated the market on its CEO succession plan on Friday, confirming that Joe Hudson would be appointed as chief executive with effect from 4 April, on completion of the handover period with retiring CEO Wayne Sheppard.
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The FTSE 250 firm had announced its succession plan on 11 October last year, with Hudson being appointed to the Ibstock board on 2 January.
Sheppard, having completed 23 years of service with the group, would retire from the board on 4 April.
“The board is extremely grateful to Wayne for his commitment to ensure a smooth transition,” said Ibstock chairman Jamie Pike.
“On behalf of my board colleagues, I thank him for his immense contribution to Ibstock and wish him well in his retirement.”