LONDON, May 27 (Reuters) - British heating and plumbingproducts supplier Wolseley said on Friday a financechief it recruited in January would not be taking up the role.
Wolseley had announced that Simon Nicholls, chief financialofficer at aerospace and defence company Cobham, wouldbecome its new CFO.
On Friday Wolseley in a statement to the stock exchange saidhe would not be joining the firm. No reason was given.
"It's a confidential matter between Simon and the board," aspokesman for Wolseley said.
Wolseley said David Keltner, current CFO of FergusonEnterprises, the group's U.S. subsidiary, would be appointed asinterim group CFO on Sept. 1. It said the selection process toappoint a permanent group CFO would commence immediately.
Wolseley confirmed that Chief Executive Ian Meakins wouldretire on August 31 and John Martin would succeed him as onSept. 1 as previously announced. (Reporting by James Davey; editing by Jason Neely)
