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Travis Perkins PLC Announces Management Change; Declares Interim Dividend

Thursday, 25 Jul 2013 02:01am EDT 

Travis Perkins PLC announced that Geoff Cooper, its Chief Executive Officer since 2005, will be retiring as a Director and full time employee upon his 60th birthday on March 6 next year and will be stepping down as Chief Executive Officer on January 1, 2014. He will be succeeded from that date by the current Deputy Chief Executive, John Carter. Geoff has agreed to remain as a part time senior management adviser, with a particular brief to assist with the further development of the Group's Toolstation business, for a period of 12 months from his retirement. The Company also announced 25% increase in interim dividend to GBP0.10 per share. It will be paid on November 11, 2013 to shareholders on the register at close of business on October 11, 2013. 

Company Quote

26.0 +1.32%
5 Mar 2015