Statement from Andy Sutton, recently appointed Chief Executive Officer, International Decorative Surfaces Limited.
|“It is a privilege to be taking on the role of CEO and I am committed to building on the many successes to date and look forward to taking IDS through the next stage of its journey. We have a talented team, enduring and innovative suppliers and valued customers, and I am delighted and humbled to have been chosen to lead the business into the future with the full support of our new owners.
I am delighted to welcome to the board Kevin Riddle as our new Chief Financial Officer, who brings to the business vast experience as a senior financial professional across multiple market sectors including automotive, distribution and logistics. Over the last decade Kevin has worked as CFO for several privately owned and private equity backed high-growth businesses, leading acquisitions and integration processes. We also intend to appoint a Chief Operating Officer to further strengthen the board and I will have more information about that in due course.
As we embrace change, we look forward positively to our next growth chapter with a business driven by a strong and experienced team of people at all levels. What remains enduring in this change is our commitment to our suppliers and customers.”
John Bagshaw, Managing Director IDS.
After a career spanning more than 40 years of service, John Bagshaw, the Managing Director of International Decorative Surfaces, IDS, has decided to retire.
John was instrumental in establishing IDS in 1999 and he has built IDS into the UK’s leading specialist distributor of decorative surfaces, generating well over £100 million in annual revenues and employing over 500 incredibly committed and capable team members across 16 sites in the UK.
Having led IDS through the Covid pandemic and its recent buyout by Chiltern Capital, John will now hand over the reins to Andy Sutton, IDS’s long-standing Commercial Director, who moves into the role of CEO. Andy will be well known to many of IDS’s customers, suppliers and employees, having worked closely with John over the past 21 years.
John Bagshaw commented: “I would like to thank everyone who has supported me over the last 22 years, during which we have successfully managed through some challenging times and wish you all good luck for the future.”
Andy Sutton commented: “On behalf of all the employees at IDS, past and present, I would like to thank John for his commitment and hard work, and we wish him all the best in his retirement. It is a privilege to be taking on the role of CEO and I am committed to building on the many successes to date and look forward to taking IDS through the next stage of its journey. We have a talented team, enduring and innovative suppliers and valued customers, and I am delighted and humbled to have been chosen to lead the business into the future.”
Tony Buffin, Chairman, commented: “John has played a fundamental role in building IDS and guiding it through unprecedented times. We are, however, extremely pleased with the deserved appointment of Andy as CEO. He has built strong relationships with both customers and suppliers over many years and has ambitious plans for the business. We look forward to giving him our full support.”
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