LONDON, UK: Eurocell Plc introduced that Mark Kelly, Chief Executive Officer, has notified the Board of his intention to retire later this year.
He will be succeeded as CEO by Darren Waters, currently Chief Operating Officer of Ibstock plc, who will join the Board of Eurocell Plc as Chief Executive Designate this spring.
Mark Kelly has led the Group efficiently from 2016, overseeing positive change all through the business, delivering on significant growth since then, in addition to finishing substantial funding to expand capability and supply a strong platform for the future.
To guarantee a smooth transition, Mark will stay in his role till a handover interval has been completed, following which he’ll step down from the Board and the place of Chief Executive on the Group’s AGM in May.
Darren has extensive expertise and knowledge of the constructing merchandise and fenestration sectors inside the UK, each from his present role at Ibstock and from his earlier place at Tyman plc, the place he was the Chief Executive of UK and Ireland from 2012 to 2020. Prior to Tyman, Darren held senior administration roles at Kenda Capital BV, Anglo American plc and RMC Group plc.
Derek Mapp, Chair of the Board, said: “As Chief Executive, Mark has been instrumental in Eurocell’s success and development as a brand new plc. He has led the Group through a interval of very strong growth and navigated the distinctive problem of the COVID pandemic. We are extraordinarily grateful to Mark for his immense contribution to the Group and his dedication to make sure a smooth transition. On behalf of the Board, I thank him for his significant achievements and we want him all of the very best for the future.
“I am completely delighted that we have secured somebody of Darren’s calibre. He brings a wealth of commercial and operational expertise and the Board and I are looking ahead to working with him to lead Eurocell through the subsequent stage of our development.”
Mark Kelly, Chief Executive Officer, said: “It has been a privilege to lead Eurocell through an thrilling interval of change, funding and growth. The enterprise is now well placed, with the capability each to take benefit of market conditions as they develop inside the UK constructing merchandise sector and additional enhance efficiency. Darren will be becoming a member of a nice team who will support him as he drives the enterprise forward. I would like to thank all my colleagues for his or her support and look ahead to watching Eurocell proceed to develop and prosper inside the years ahead.”
Eurocell is the market leading, vertically built-in UK manufacturer, distributor and recycler of innovative window, door and roofline PVC constructing products,