Rob Marchbank will leave the company in March after Wolseley makes role redundant in management shake-up

Construction materials firm Wolseley has made its European chief executive redundant in a series of board changes.

Rob Marchbank, chief executive officer (Europe) will leave the company at the beginning of March and will cease to be an executive director. He will not be replaced.

Rob Marchbank
Marchbank will not be replaced

The company says it is scrapping the role to allow greater focus on business unit performance and accelerate decision making in response to local market conditions.

Steve Webster is stepping down as chief financial officer and as an executive director as of 31st March. He will be replaced by John Martin who joins the company from Alchemy Partners where he is a partner.

As a result of this move, the regional managing directors in the principal geographic regions in Europe, namely the UK, France and Nordic regions, will now report to Ian Meakins, group CEO.

Steen Weirsoe, managing director of the Nordic region and Philippe Gardies, managing director of France will also join the group executive committee with immediate effect.

A recruitment process for a new managing director of the UK is also underway. During the transition period Ian Meakins will assume overall operational responsibility for the UK.