LONDON - Grafton Group plc, the building materials supplier, has announced the appointment of Ian Tyler as an Independent Non-Executive Director and Chair Designate, effective from March 1. Tyler is set to take over as Chair after the company's Annual General Meeting (AGM) on May 2, succeeding the current Chair, Michael Roney.
Tyler, known for his previous role as CEO of Balfour Beatty (OTC:BAFYY), brings a wealth of strategic and financial expertise to Grafton Group. His appointment comes as the company reported a revenue of £2.32B for the year-end 2023. The selection of Tyler is part of Grafton Group's strategy to strengthen its leadership with experienced professionals who can contribute to the company's growth and stability.
In addition to his upcoming role at Grafton Group, Tyler is planning to resign from his current position at Affinity Water Ltd later in the year, allowing him to dedicate his efforts to his new responsibilities. The Grafton Group is looking forward to benefiting from Tyler's extensive experience as they continue to navigate the building materials industry.
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