Travis Perkins has announced that its CEO John Carter will be stepping down from the board on August 5th, and be succeeded by Nick Roberts, who is currently the chief executive at Atkins.
Carter will remain a part of the business until the end of the year to ensure a smooth transition, whilst Roberts will join the business on July 1st.
Stuart Chambers, chairman of Travis Perkins, said: "On behalf of the board I would like to thank John for his exceptional leadership which leaves Travis Perkins well placed to meet its customers' needs and to continue to deliver long term value growth for its shareholders and other stakeholders.
“He has led the group through periods of major change and demonstrated strong leadership during a period of significant investment and considerable market uncertainty.
“John will leave as his legacy a strong trade focused business of great integrity with well-established inclusive values and an accomplished management team which is well-placed to deliver the group's strategy.”
