23rd Nov 2015 08:26
LONDON (Alliance News) - Plastic piping systems manufacturer Polypipe Group PLC on Monday said Chief Financial Officer Peter Shepherd is to retire from his role.
Shepherd intends to step down around his 60th birthday in July 2016. He will be replaced by Martin Payne.
Payne moves from his role as the finance director of Norcros PLC, the bathroom products supplier. Norcros said it has started the process of identify a replacement.
Polypipe shares were down 0.3% to 313.97 pence on Monday morning, while Norcros shares were untraded, having last traded at 206.00p.
By Sam Unsted; [email protected]; @SamUAtAlliance
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