IN BRIEF: Michelmersh CEO Peter Sharp retiring; CFO to step in

Michelmersh Brick Holdings PLC - West Sussex, England-based brick maker - says Chief Executive Officer Peter Sharp has informed the board of his intention to retire during 2025. Michelmersh says Chief Financial Officer Ryan Mahoney, who has been at the firm since 2021, will take over as chief executive, having worked closely with Sharp and the executive team. The firm says a search for a new CFO is underway, adding that Sharp will become a retained industry adviser to the board following his retirement.

Current stock price: closed flat at 101.50 pence on Thursday in London.

12-month change: up 21%

By Christopher Ward, Alliance News reporter

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Michelmersh Brick Holdings