Travis Perkins PLC - Northampton, England-based builders' merchant - Chair Jasmine Whitbread intends to step down as director and as chair on May 31. The company appoints Senior Independent Director Jez Maiden as interim chair for when Whitbread leaves her role, while the company searches for a permanent successor. Outgoing Chair Whitbread said: "It has been a privilege to chair Travis Perkins over the last three years. Whilst the difficult trading environment has presented significant near-term challenges, I am confident in the group's inherent strengths and ability to recover quickly when markets improve."
Current stock price: 764.50 pence each, up 0.4% on Tuesday morning in London
12-month change: down 20%
By Tom Budszus, Alliance News slot editor
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Travis Perkins (TPK)