Grafton Group plc announced the appointment of Mr. Ian Tyler as Independent Non-Executive Director, Chair Designate and a member of the Nomination Committee with effect from 1 March 2024. He will succeed Mr. Michael Roney as Chair of the Board and the Nomination Committee when Mr. Roney steps down from the Board at the conclusion of the Company's Annual General Meeting ("AGM") on 2 May 2024. Mr. Roney joined the Board on 1 May 2016 as Chair Designate and assumed the role of Chair on 1 January 2017.  He advised the Board that, subject to completion of a search to appoint his successor, he would not seek re-election at this year's AGM and the Nomination Committee initiated a search for a new Chair under the leadership of Mr. Paul Hampden Smith, Senior Independent Director. Mr. Tyler is a highly experienced Chair and former Chief Executive with wide-ranging experience across a range of industries.  He has deep board level experience gained as an Executive Director, Board Chair and Non-Executive Director of listed companies. He is currently Non-Executive Director of Anglo American plc and Synthomer plc and Chair of BMT Group Ltd, a privately owned design and technical consulting firm and Affinity Water Ltd, a privately owned business.  He will be stepping down from his role with Affinity Water Ltd. during 2024 at a time to be agreed once his successor has been appointed.

Mr. Tyler was previously Chair of Amey UK plc, Vistry Group plc, AWE Management Ltd, Al Noor Hospitals Group plc and Cairn Energy plc. He is a former Non-Executive Director of BAE Systems plc, Cable & Wireless Communications plc, VT Group plc and Mediclinic International plc. Mr. Tyler's primary executive career was at Balfour Beatty plc, a global infrastructure business that he joined in 1996 as Finance Director of Balfour Beatty Group Ltd, its principal trading subsidiary.  He was appointed Group Finance Director of Balfour Beatty plc in 1999, Chief Operating Officer in 2002 and Chief Executive in 2005, a role he held until 2013.

In his early career, Mr. Tyler trained as a Chartered Accountant with Arthur Andersen and held a finance role with Storehouse plc. Prior to joining Balfour Beatty plc, he was Financial Controller of Hanson plc and Finance Director of ARC Ltd, one of its principal subsidiaries.