Archive News

Claude 'Chip' Hornsby has today become Group Chief Executive at Wolseley following the retirement of Charlie Banks. Chip, 50, has spent 27 years with Wolseley's Ferguson business in the USA.

 

 

Chip joined Ferguson Enterprises as a graduate trainee 27 years ago and has had a number of increasingly challenging appointments, with a four-year-stint as President and Chief Executive Officer of Ferguson. In addition, Chip has held the role of Chief Executive of Wolseley North America, with responsiblity for Wolseley's three North American businesses,  Ferguson Enterprises, Stock Building Supply and Wolseley Canada.

 

Commenting on Chip's appointment earlier this year, Wolseley Chairman John Whybrow said the following:

 

"I am delighted that following an extensive and rigorous process, the Board has chosen Chip Hornsby to lead Wolseley in the future. Chip has made a significant contribution to the Wolseley Group since he was appointed to the Board in 2001 and I believe that he will provide us with the continuity the Company requires over the next phase of its development.

 

In his role at Ferguson he has grown the business from a $3.4 billion business into the $7.1 billion enterprise it is today, increasing profits by 187%. I have no doubt he will bring the vision, commercial judgment and clear leadership necessary to the Group Chief Executive role. I wish him every success and look forward to working with him in the future."

 

Chip Hornsby sees great opportunities for growth for the company both in Europe and North America, and is committed to driving for even faster growth. Click below to download a recent interview with Chip in the Wolseley staff magazine 'Directions'  where he sets out his his vision and the challenge ahead.