RNS2 May 2024 09:49
The note below was posted when Gavin Slark joined the group. Looking to build on the platform left by Steve Francis he has instead overseen a 40% fall in the share price over the past year, way over that of any comparable business in the sector. The biggest faller in the first quarter is the biggest business, the UK interiors operations. I really do question when, after almost 18 months in the role, we are actually going to see some results or at least a plan from his tenure. CDR - are you there?
We welcome Gavin Slark, who joins the business today (1 February 2023) as our new Chief Executive Officer (CEO) of SIG plc with a focus on ‘continuing SIG’s journey of growth’.
Taking over from Steve Francis, Gavin has a proven track record of delivering shareholder value in the pan-European construction distribution industry, having led Grafton Group plc for the last 11 years.
Gavin said: “I am excited to have joined such an established name as SIG and a great team of people!
I look forward to building on the significant progress made by Steve Francis and the team and harnessing the opportunities ahead of SIG, to the benefit of all of our stakeholders.”