Matthew Parker has been named as the new Chief Executive Officer for IBMG (Independent Builders Merchant Group).
Bringing nearly 20 years of senior leadership experience “across complex, multi-site and operationally intensive businesses,” Matthew has a strong track record of leading organisations through periods of growth and transformation, with a particular focus on operational excellence, disciplined execution and developing high-performing teams.
Prior to 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.”
He was previously the Managing Director of Travis Perkins’ TF Solutions division and had held numerous senior roles within the wider business, including as Commercial Director and Finance Director, respectively, of its BSS unit. Prior to joining the construction materials distribution sector in 2013, Matthew held several roles within UK-based and international multi-site businesses.
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.”
The appointment follows the news last month that Martin Stables, IBMG CEO since 2021, stepped down from the role to pursue other opportunities. CFO Richard Robinson acted as Interim CEO during the transition, with Martin working with IBMG’s Board of Directors to conduct the search for his permanent successor.
A statement from IBMG said: “Martin steps down following the successful completion of a major transformation, leaving IBMG well positioned for sustainable and profitable growth. During his tenure, he played a pivotal role in steering IBMG through a change of ownership, securing a significant refinancing package, and executing key strategic initiatives.
“On behalf of the Board and the entire Executive Team, we extend our deepest gratitude to Martin for his significant contributions and perseverance. We wish him every success in his future endeavours.”
Commenting on the appointment of its new CEO, James Kim and Philipp Strepp, Members of IBMG’s Board of Directors, said: “Matthew is a highly regarded and experienced leader with a deep understanding of the Construction & 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.”
