15th Jan 2020 09:08
(Alliance News) - Travis Perkins PLC on Wednesday snamed Christopher Rogers has the chair designate of Wickes, ahead of the home improvement retailer's upcoming demerger and listing.
Rogers is currently a Travis Perkins non-executive director and will offer Wickes "extensive financial, operational and retail experience". He will not stand for re-election to the Travis Perkins at the 2020 annual general meeting in April.
Rogers was formerly a director at Premier Inn owner Whitbread PLC, as well as at now-liquidated UK retailer Woolworths. He has held finance and commercial roles at electrical goods seller Comet and Kingfisher PLC. FTSE 100-listed Kingfisher owns Wickes competitor B&Q.
Travis Perkins said the demerger of Wickes is on track to be completed in the second quarter of 2020.
In July, Travis Perkins announced its decision to demerge consumer-facing retailer Wickes as part of its plan to focus on trade customers and simplify the business.
Shares in FTSE 250-listed Travis Perkins were broadly flat at 1,621.00 pence in London on Wednesday morning.
By Eric Cunha; [email protected]
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