IBMG appoints new CEO

Builders merchant group IBMG, one the largest in the South of England, has appointed Matthew Parker as Chief Executive Officer, effective immediately.

Matthew Parker

Parker was most recently managing director of Wolseley Group’s Infrastructure division; prior to this he was managing director of Travis Perkins’ TF Solutions division, and previously held numerous senior roles within the wider business, including as commercial director and finance director, respectively, of its BSS unit. He therefore brings nearly 20 years of senior leadership experience across complex, multi-site and operationally intensive businesses.

James Kim and Philipp Strepp, members of IBMG’s Board of Directors, said: “Matthew is a highly regarded and experienced leader with a deep understanding of the Construction & Housebuilding industry. His appointment marks an important step for IBMG as the business accelerates the execution of a strategy focused on long-term sustainable and profitable growth. On behalf of the Board, we are delighted to welcome him to IBMG. The Board is grateful for Richard’s service as Interim CEO during this transitionary phase, and we look forward to his continued service as CFO.”

Parker added: “I’m pleased to be joining IBMG at such an exciting time in its transformation journey. The Group has a strong market position, a talented leadership team and a clear opportunity ahead. I look forward to hitting the ground running and working closely with colleagues across the business to build on these strengths and support IBMG’s next phase.”

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

Check Also

CS5800i Hybrid Heat Pump WB

Government ups boiler grants and works on electricity prices

Households wanting to switch from oil or LPG heating systems to a heat pump can …