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Wolseley plc Appoints New UK Managing Director

10th May 2010

Wolseley plc has announced the appointment of Steve Ashmore as UK Managing Director with effect from today, Monday 10 May 2010.

Steve, aged 45, has considerable construction materials distribution sector experience and since 2008, he has been Managing Director of Wolseley's UK's Heavyside Business, comprising Build Center, Drain Center, Brandon Hire and Encon. Between 2007 and 2008, he was Managing Director of the company's UK Lightside Business, which consists of Plumb Center, Parts Center, Unifix and BCG. He originally joined Wolseley in October 2005 as UK Brand Development Director.

Steve has strong international operational experience and prior to joining Wolseley, spent more than 11 years with Exel plc, the supply chain and third party logistics provider, in a variety of leadership positions. Between 2003 and 2005 he was Managing Director, Europe, of Exel's Industrial Division, covering logistics and supply chain management for the capital goods, utilities and processing industries. Prior to that, he was Managing Director, Continental Europe comprising Exel businesses in Spain, France, Germany and Portugal. Before joining Exel, Steve was a consultant for management consulting firm A. T. Kearney Ltd for two years.

Steve joins Wolseley's Executive Committee and will report to Ian Meakins, Wolseley plc Chief Executive. In addition to his new role, in the short term Steve will continue to manage the UK Heavyside operations until his successor is appointed.

Commenting on the appointment, Ian Meakins, Wolseley plc Chief Executive, said, "Steve brings a wealth of sector and international experience, having undertaken a number of leadership roles both within Wolseley but also with Exel, working with leading international brands running their logistics and supply chain activities. His track record on improvement of business performance, which most recently includes improving the performance of the Heavyside division, is impressive and we are delighted to welcome him as UK Managing Director."

Wolseley UK's Plumb Center business is arguably the country's largest distributor of oil heating equipment.

 

 

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