Marshalls plc (MSLH.L), a manufacturer and supplier of hard landscaping, building, and roofing products, announced on Thursday that Chief Executive Officer Matt Pullen has stepped down with immediate effect, prompting the Board to appoint Chief Commercial Officer Simon Bourne as Interim CEO.
Bourne joined the Group in 2015 and will oversee continuity and execution as Marshalls accelerates the delivery of its Transform & Grow strategy.
A search for a permanent CEO, including external candidates, has begun.
Looking further, the company said that full-year 2025 expectations remain unchanged, consistent with the trading update issued on November 12.
The Board also announced the completion of a new four-year 270 million pounds syndicated bank facility, refinancing the existing facility previously due to mature in April 2027.
On Wednesday, Marshalls closed trading 1.99% lesser at GBP 177.20 on the London Stock Exchange.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.