Breedon names James Brotherton as next chief executive

Breedon Group plc, a construction materials company, announced that James Brotherton will become its next chief executive officer, taking effect on January 1, 2027. Brotherton, currently the chief financial officer since 2021, will replace Rob Wood, who plans to retire after 12 years of service at the end of this year. The appointment was made after a search conducted by Breedon's Nominations Committee, with support from independent advisers.

Wood joined Breedon as group finance director in 2014 and became CEO in 2021, stepping down from the board and executive director roles on December 31, 2026. He will stay employed until September 30, 2027, to assist with the transition. Breedon will also seek a new CFO. Brotherton has a background in finance, having served as CFO of Tyman plc from 2010 to 2019, and worked in investment banking at Citi and HSBC.

Wood's salary, pension, and benefits will continue until his notice period ends. He is eligible for performance-based bonuses for fiscal years 2026 and 2027. Breedon owns 1.7 billion tonnes of mineral resources and employs 4,900 people. The company is listed on the London Stock Exchange and is part of the FTSE 250 index.