Franck Voisin appointed Group CEO; Katy Phillips appointed Group CFO

Effective 1 October 2023, Franck Voisin, previously CEO Rubix France, is appointed Group CEO and Katy Phillips, previously Group Financial Controller, is appointed Group CFO. Both Franck and Katy will join the board at that time.

Martin Thomsen and Andrew Silverbeck, previously Group CEO and Group CFO respectively, will leave after almost five years of successfully running the business together.

Franck has been with Rubix for 15 years and has a wide range of experience across operational and managerial roles. He has led the French business for the last five years with a strong focus on growth, operational excellence and cash conversion.

Katy is in her 12th year with Rubix and brings significant experience as Group Financial Controller, having played a key role during the take-private of Brammer, merger with IPH and the subsequent growth of the combined businesses.

Group Chairman Johan Sleebus commented: “I would like to thank Martin and Andrew for their notable commitment, energy and dedication, and to wish them the very best for the future. We are incredibly proud of what we have achieved under their leadership, creating the clear market leader in European industrial distribution, driven by organic market share gains and a successful M&A programme.

“We believe now the time is right for a new chapter in our story, to take Rubix to the next level. Franck and Katy’s passion, and intimate knowledge of the industry and organisation, brings great value to the board. I am pleased we could fill these vital leadership positions from our in-house talent pool, and I will enjoy working more closely with them in the future.”

Incoming Group CEO Franck Voisin added: “Being asked to lead the Group is both an enormous privilege and a great responsibility. I’m excited by the opportunity to build on the progress we have made in establishing Rubix as the clear market leader, and I look forward to working with Katy and my colleagues across the Group as we deliver on the huge potential of our organisation.”

Trading update for the six months ended 30 June 2023

Rubix had a very pleasing first half with strong organic momentum. Year-on-year revenue increased 9% and EBITDA grew 12%. Sales (pro-forma for completed acquisitions) now total €3.2bn.