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Travis Perkins plc has announced they will be appointing Duncan Cooper as its new CFO.
Cooper will be succeeding Alan Williams who advised the company’s board that he will be retiring as chief financial officer and stepping down from the board in 2024, after seven years in the role.
The exact dates on which Cooper will join the board and Williams will retire and step down from the board are yet to be confirmed.
Cooper, a chartered accountant, is currently group finance director at Crest Nicholson and an executive director of Crest Nicholson Holdings plc, a position he has held since June 2019.
Prior to his role at Crest Nicholson, Cooper 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 plc, 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.”
Roberts added: “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.”
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.”
