EUROCELL PLC announced that Mark Kelly, Chief Executive Officer, has notified the Board of his intention to retire later this year. He will be succeeded as CEO by Darren Waters, currently Chief Operating Officer of Ibstock plc, who will join the Board of Eurocell as Chief Executive Designate this spring. Mark has led the Group successfully from 2016, overseeing positive change throughout the business, delivering on significant growth since then, as well as completing substantial investment to expand capacity and provide a strong platform for the future.

To ensure a smooth transition, Mark will remain in his role until a handover period has been completed, following which he will step down from the Board and the position of Chief Executive at the Group's AGM in May. Darren has extensive experience and knowledge of the building products and fenestration sectors in the UK, both from his current role at Ibstock and from his previous position at Tyman plc, where he was the Chief Executive of UK and Ireland from 2012 to 2020. Prior to Tyman, Darren held senior management roles at Kenda Capital BV, Anglo American plc and RMC Group plc.