IBMG has announced the appointment of Matthew Parker as Chief Executive Officer, effective immediately.

Parker brings nearly 20 years of senior leadership experience across complex, multi-site and operationally intensive businesses. He 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.

Before joining IBMG, Parker 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, he was the Managing Director of Travis Perkins’ TF Solutions division and has held numerous senior roles within the wider business, including as Commercial Director and Finance Director of BSS. Before joining the construction materials distribution sector in 2013, Parker held several roles within UK-based and international multi-site businesses.

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.

“The Board is grateful for Richard’s service as Interim CEO during this transitionary phase, and we look forward to his continued service as CFO.”

Parker added: “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.”