Michelmersh Brick Holdings Share News (MBH)

(ShareCast News) - Brick manufacturer and landfill company Michelmersh Brick Holdings has named Frank Hanna and Peter Sharp as the joint chief executive officer.The London-listed group said on Monday that Hanna, its current commercial director, and Sharp, the group's current operations director, will begin their new role on 1 January, when the current chief executive Martin Warner will move into the role of deputy chairman."The board has thought for some time about the future of the group and we are confident that Frank and Peter will thrive under the additional responsibility and provide benefits for the group and its stakeholders," said group chairman Eric Gadsden."They both have an excellent understanding of the business and, as a team, will provide a diverse range of key skills for the successful future of Michelmersh."Michelmersh shares were down 10.59% to 83.60p at 0838 BST on Monday.