Travis Perkins CFO to step down

Travis Perkins has announced that Alan Williams will be retiring as chief financial officer in 2024 after seven years with the company. 

Duncan Cooper, currently group finance director at Crest Nicholson, is set to succeed Williams. 

Cooper has held his position at Crest Nicholson since June 2019. Prior to that role, he spent eight years in roles at Sainsbury’s, including head of investor relations, finance director food, and director of group finance. 

Nick Roberts, CEO of Travis Perkins, said: “I’m hugely appreciative of the expertise Alan has brought to the group and the support he has given me and the wider leadership team. He has been instrumental in leading us through a period of significant change including the successful sale of the Plumbing and Heating businesses and the demerger of Wickes as part of our strategy of focusing on the trade, as well as shaping our culture and our strategy to become the leading partner to the construction industry. We all wish Alan well in his forthcoming retirement in 2024.

“I’m thrilled that the board has decided to appoint Duncan to succeed Alan as CFO. He brings an ambitious drive with a strong track record of performance focus and rich cross-sector experience having held senior leadership roles at Crest Nicholson and Sainsbury’s. I’m Looking forward to him joining the board and the leadership team.”

Regarding his appointment, Cooper said: “I’m excited to be joining Travis Perkins plc in 2024, a market leading business with an exciting and ambitious strategy to be the leading partner to the construction industry. 

“The industry is going through a period of significant change, underpinned by requirements for more sustainable, energy efficient buildings and I am looking forward to working with Nick, Jasmine and the board to help shape the next phase of the company’s evolution.”