Ibstock Appoints New Chair
Why we think this is neutral
The RNS announcement is regarding the appointment of a new Chair at Ibstock plc, which is a routine corporate governance update. It does not contain any financial or operational news that would significantly impact the company's performance or outlook.
Key Points
- Appointment of Richard Akers as Non-Executive Director and Chair Designate
- Richard Akers to succeed Jonathan Nicholls as Chair following AGM on 15th May 2025
- Jonathan Nicholls to step down as Chair and retire from the Board
Summary
The building materials company has appointed a new Chair to succeed the retiring incumbent.
Ibstock plc has announced the appointment of Richard Akers as a Non-Executive Director and Chair Designate, effective 5th May 2025. He will succeed the current Chair, Jonathan Nicholls, following the company's Annual General Meeting on 15th May 2025. Richard Akers brings extensive experience in the property, housebuilding and land transaction industries, having held senior roles at Land Securities Group and Redrow PLC.
Key Dates
5th May 2025
Richard Akers appointed as Non-Executive Director and Chair Designate
15th May 2025
Jonathan Nicholls to step down as Chair and retire from the Board following AGM
GENERAL UPDATE