Wolseley plc, Ferguson’s parent company, announced the retirement of CEO Frank Roach, along with plans to change its name to Ferguson.
Ferguson CEO Frank Roach will retire on July 31. Current Ferguson COO Kevin Murphy will assume the role of CEO effective Aug. 1. Roach was appointed CEO of Wolseley’s North American Division in January 2006, and in August 2009, assumed additional responsibilities as CEO of Ferguson. Murphy joined Ferguson in 1999 through the acquisition of his family’s business, Midwest Pipe and Supply. He has served in a variety of leadership roles and was appointed as Ferguson’s COO in 2007.
Under Roach’s leadership, Ferguson has grown through strategic acquisitions, organic growth and an unwavering focus on customer service.
From The Wholesaler