31st Mar 2016 06:44
LONDON (Alliance News) - Builders' merchant and DIY company Grafton Group PLC on Thursday said it has appointed the outgoing chief executive of distribution and outsourcing group Bunzl PLC as its next chairman.
Grafton said its incumbent non-executive chairman, Michael Chadwick, will step down from his role at the end of 2016.
He will be succeeded by Michael Roney, who will join the board as non-executive director, deputy chairman and chairman-designate on May 1, before taking on the role on January 1, 2017.
Roney will retire as chief executive of FTSE 100-listed Bunzl in April after more than a decade in the role.
By Sam Unsted; [email protected]; @SamUAtAlliance
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