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LONDON - Ibstock plc (LSE:IBST), a leading UK manufacturer of building products and solutions, announced Thursday that Simon Bedford will serve as Interim Chief Financial Officer following the upcoming departure of Chris McLeish.
Bedford, who currently serves as Group Financial Controller, will assume the interim role when McLeish leaves the company on October 10. Bedford joined Ibstock in June 2020 after spending 19 years at Rolls Royce plc, where he held several senior finance positions including Deputy Finance Director Operations and Civil Aerospace Financial Controller.
A Chartered Accountant with an MBA from Warwick Business School, Bedford brings significant financial leadership experience to the interim position.
The appointment comes after the company’s April 30 announcement that McLeish had decided to leave the business. Ibstock indicated that the recruitment process for a permanent CFO is ongoing, with plans to update the market once a decision has been made.
Ibstock operates through two core divisions: Ibstock Clay, which manufactures clay bricks across 15 manufacturing sites served by 15 active quarries, and Ibstock Concrete, which produces concrete roofing, walling, flooring and other construction products from 13 UK manufacturing sites.
The company also maintains Ibstock Futures, established in 2021 to accelerate growth in new market segments with a focus on sustainable solutions and Modern Methods of Construction.
According to the press release statement, Ibstock has committed to reducing carbon emissions by 40% by 2030 as part of its environmental strategy, with the ultimate goal of becoming a net zero operation by 2040.
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