Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Britain's Travis Perkins names ex-ARM man as chairman

Published 27/06/2017, 08:20
© Reuters.  Britain's Travis Perkins names ex-ARM man as chairman
SHEL
-
TSCO
-
AAL
-
TPK
-
ARM
-
5202
-

(Reuters) - Travis Perkins (L:TPK), Britain's biggest supplier of building materials, named Stuart Chambers, the former chairman of chip designer ARM Holdings (LON:ARM) and packaging group Rexam, as its chairman with effect from November.

Chambers will succeed Robert Walker, who will retire in November after almost eight years in the post.

Chambers, who will join Travis Perkins as chairman designate on Sept. 1, is currently a member of Britain's Takeover Panel and chairman designate at miner Anglo American (L:AAL).

Anglo American appointed Chambers in June to succeed John Parker and carry on with its overhaul. Chambers will join as non-executive director and chairman designate on Sept. 1 before becoming chairman on Nov. 1, Anglo said then.

Before serving as chairman of ARM and Rexam until 2016, Chambers, aged 61, was a non-executive director at British retailer Tesco (L:TSCO) until 2015 and was previously a top executive at glassmakers Pilkington and its subsequent parent Nippon Sheet Glass (T:5202). He began his career at oil major Shell (L:RDSa) as a chemical engineer.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.