Interim CEO replaces Higson at Wolseley UK
UK: Simon Oakland has been appointed as interim CEO of wholesaler Wolseley UK to replace Mark Higson, who will leave the company at the end of this month.
Higson was appointed Wolseley UK MD in March 2018. He is said to be stepping down to pursue an opportunity outside of the company. Ferguson has commenced a search for his permanent successor.
Simon Oakland, who has extensive experience in strategy, finance and operations, was appointed MD of Wolseley France building materials in 2012. He is currently CEO of Ferguson’s Canadian business and head of corporate development. Since September 2019, Oakland has also been project managing the Wolseley UK demerger process.
Preparation for the previously announced demerger of Wolseley UK is said to be well underway and the company still expects to complete the transaction this year.
Wolseley demerger on track for 2020 – 3 December 2019
UK: The demerger of wholesaler Wolseley UK by its owners, the US plumbing group Ferguson, is said to be on track with completion expected next year. Read more…
Ferguson to hive off Wolseley UK – 4 September 2019
USA/UK: US plumbing group Ferguson has announced the intention to spin off its Wolseley UK business as an independent listed company. Read more…