Business
Chair Succession
Marks Electrical Group plc announced that Chair Marnie Millard will step down on 31 December 2025, and Darren Bowkett will succeed her as Chair on 2 January 2026. Bowkett brings extensive operational expertise from his over 40 years at Ibstock Group plc, where he held several director roles. The company also confirmed Alyson Fadil has left the Board. Disclaimer*
About this update from Marks Electrical Group Plc
[{"type":"text","content":"\n\nMarks Electrical Group plc\nChair Succession\nMarks Electrical Group plc (\"Marks Electrical\", \"the Company\" or \"the Group\"), the online electrical retailer, announces that Marnie Millard, Chair, has informed the Board of her decision to step down from the Board on 31 December 2025. As part of the Group's ongoing succession planning, the Board is pleased to announce that Darren Bowkett has been appointed Marnie's successor and will assume the role of Chair and join the Board on 2 January 2026.\nMarnie joined Marks Electrical as Chair in 2021 as part of the IPO and has been an integral part of the Board, helping support the transition from a successful family-owned business into a publicly traded company. \nDarren Bowkett has worked for Ibstock Group plc for over 40 years and during this time has developed significant operational and practical expertise. Darren is currently Strategic Projects Director at Ibstock Brick and over the last 12 years has had several Director roles in the Ibstock Group including responsibility for running some of its key businesses.\nAs announced on 12 November in the Company's interim results, the Company confirms that Alyson Fadil has now left the Board. \nMark Smithson, CEO of Marks Electrical commented:\n\"Marnie joined the Board in 2021 as part of the IPO and has been an integral part of the team, helping the business to deliver on its strategic plans as we've expanded over recent years. Marnie has been a great help guiding the Company, the other Directors and me over the last four years. We are all very grateful for her efforts throughout her tenure and wish her well for the future. \nWe are excited to welcome Darren with his operational expertise and look forward to welcoming him to the team in the new year.\"\nMarnie Millard, Chair of Marks Electrical commented:\n\"I have enjoyed working with Mark and the team since the listing on AIM in 2021, supporting the business as we transitioned from a successful family-owned business to a publicly traded company. After over four years in the role, it is now the right time for me to hand over the role to Darren, who will oversee the next phase of the business' progress.\"\nAdditional disclosures\nAs required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Darren Bowkett (aged 57) is currently or has...