Travis Perkins PLC Announces New CEO Appointment

Travis Perkins PLC, a leading company in the UK construction and building trade industries, has announced a significant change in its leadership. Gavin Slark, a seasoned executive with extensive experience in the building materials sector, has been appointed as the new Chief Executive Officer (CEO) of Travis Perkins, effective from January 1, 2026. This announcement was made on May 9, 2025, following a comprehensive search process by the company’s board.

Background on Gavin Slark

Gavin Slark brings a wealth of experience to Travis Perkins. He has served as the CEO of SIG plc since 2023, a company specializing in specialist insulation and building products. Before his tenure at SIG, Slark was the CEO of Grafton Group plc from 2011 until the end of 2022. His earlier career includes a significant period as CEO of The BSS Group plc from 2006 to 2011, a company that was later acquired by Travis Perkins.

Transition from SIG plc

In a related development, SIG plc announced that Gavin Slark will resign from his current role as CEO to join Travis Perkins. Slark will continue in his position at SIG until December 31, 2025, to ensure a smooth transition. Andrew Allner, Chairman of SIG, praised Slark for his leadership during challenging times in the European construction industry and expressed confidence in the strong leadership team he leaves behind.

Travis Perkins Overview

Travis Perkins PLC operates within the Industrials sector, focusing on trading companies and distributors. The company is headquartered in Northampton, UK, and is listed on the London Stock Exchange. It specializes in providing timber, building, and plumbing and heating materials to the UK construction and building trade industries. As of May 7, 2025, the company’s share price was 583 GBP, with a market capitalization of 1.23 billion GBP. Despite a challenging financial period, reflected in a negative price-to-earnings ratio of -29.56, Travis Perkins remains a significant player in its industry.

Market Reaction

The announcement of Gavin Slark’s appointment as CEO is expected to be a pivotal moment for Travis Perkins as it navigates the complexities of the construction materials market. Investors and industry analysts will be closely watching the company’s performance under Slark’s leadership, particularly given his track record in the sector.

For more information about Travis Perkins and its offerings, visit their website at www.travisperkins.co.uk .