Frank Elkins Appointed CEO of Selco and GB Distribution

Grafton Group PLC have announced the appointment of Frank Elkins as Chief Executive Officer of Selco and GB Distribution. 

Frank will join Grafton on 5th August 2024 and will succeed Howard Luft, current Selco CEO, who will leave the business for a new position by the end of August after six and a half years in the role.

Frank will also assume overall responsibility for Grafton’s trade distribution business in Great Britain. Frank is a highly experienced Executive Director with broad experience in the UK building material distribution sector.

Until last year, Frank worked with Travis Perkins plc for 12 years in a number of senior roles including Group Chief Operating Officer.

At their H1 results announced on 10 July 2024, Group revenue was £1.14 billion (H1 2023: £1.19 billion), down 4.4 per cent from the prior year and 3.0 per cent lower in constant currency.

Overall trading in the Group’s businesses remained challenging in the period with average daily like-for-like revenue down 4.5 per cent on the prior year and their management teams have continued to actively manage both our gross margins and cost base in response to market conditions.

Source: Insight DIY & Grafton Group

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