Wolseley, specialist trade distributor of plumbing and heating products, has appointed John Martin as chief financial officer (CFO) and an executive director, effective 1 April. Martin replaces Steve Webster, who leaves the company following the completion of the £1bn capital raising in April 2009 and the disposal of stock building supply, which have strengthened the group’s financial position.
Martin joins Wolseley from Alchemy Partners where he has been a partner since 2008. Previously, he was CFO at Travelex Group between 2006 and 2008. Prior to that, he spent six years at Hays, the specialist recruitment company, in senior finance positions including three years as CFO. Martin is a chartered accountant.
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