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New CEO Gavin Slark Sparks Surge Amid Profit Crisis

5/9/2025

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Summary

Story summary

Gavin Slark is set to take the helm as CEO of Travis Perkins by January 2026, stepping in for Pete Redfern. As the current CEO of SIG, Slark faces the challenge of reviving a company that saw a staggering 99% plunge in operating profit in 2024. His upcoming leadership has already sparked a surge in the company's share price.

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Story summary

Gavin Slark is set to take the helm as CEO of Travis Perkins by January 2026, stepping in for Pete Redfern. As the current CEO of SIG, Slark faces the challenge of reviving a company that saw a staggering 99% plunge in operating profit in 2024. His upcoming leadership has already sparked a surge in the company's share price.