September 3, 2019 / 6:23 AM / 12 days ago

Ferguson to separate UK operations, CEO Martin to step down

Sept 3 (Reuters) - British plumbing products company Ferguson Plc on Tuesday revealed plans to separate its UK operations and said Chief Executive Officer John Martin will step down in November this year.

The company said Kevin Murphy will replace Martin at the helm and added that the separation will help Ferguson focus on its operations in North America.

Reporting by Justin George Varghese in Bengaluru; Editing by Rashmi Aich

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