Bunzl CEO Mike Roney replaces Michael Chadwick as Chairman of Grafton Group
Mike Roney has now succeeded Michael Chadwick as Chairman of Grafton Group.
The appointment - which was announced at the end of March 2016 by the international Builders Merchanting and DIY Group - came into effect from January 1 this year.
"I am delighted that the Board has chosen Mike Roney to succeed me as Chairman," Mr Michael Chadwick said.
"His outstanding track record during a ten and a half year tenure as Chief Executive of Bunzl plc and his international business experience demonstrate that the Board will benefit in the years ahead from his strategic insights and leadership skills."
American Roney (61) held the CEO role at Bunzl from 2005 until April 20 last year.
He graduated with a MBA from University of Michigan and is a Certified Public Accountant.
He was also a non-executive director of Johnson Matthey from 2007 to 2014 and is currently a non-executive director of Brown-Forman Corp.
"We wish Michael Chadwick continued success in the future and thank him sincerely for his remarkable contribution and legacy to Grafton over 41 years including 26 years as Executive Chairman and for his excellent stewardship of the Board as Non-Executive Chairman for the last five and a half years," said Mr Roney.