IBMG Appoints New CEO

The Independent Builders Merchant Group (IBMG) has announced Matthew Parker as its new Chief Executive Officer.

The appointment follows the announcement in December that Martin Stables would be stepping down as CEO to “pursue other opportunities”.

IBMG CEO

Matthew brings 20 years of senior leadership experience across complex, multi-site and operationally intensive businesses. Before joining IBMG, Matthew held senior executive roles within the sector. He most recently served as the managing director of Wolseley Group’s Infrastructure division, responsible for scaling the business, driving sustainable performance, strengthening operational capabilities, and supply chain optimisation.

Prior to this, Matthew was the managing director of Travis Perkins’ TF Solutions division and previously held numerous senior roles within the wider business, including as a commercial director and finance director, respectively, of its BSS unit.

Matthew said: “I’m pleased to be joining IBMG at such an exciting time in its transformation journey. The Group has a strong market position, a talented leadership team and a clear opportunity ahead.

“I look forward to hitting the ground running and working closely with colleagues across the business to build on these strengths and support IBMG’s next phase.”

Important Step

James Kim and Philipp Strepp, members of IBMG’s Board of Directors, commented: “Matthew is a highly regarded and experienced leader with a deep understanding of the construction and housebuilding industry. His appointment marks an important step for IBMG as the business accelerates the execution of a strategy focused on long-term sustainable and profitable growth. On behalf of the Board, we are delighted to welcome him to IBMG.”

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