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Headquarters: Newport News, VA
2013 Revenues: $12.6 billion
Change in Sales from 2012: 10%
Employees: 21,400 (total)
Locations: 1,360 (U.S.); 222 (Canada)
2012 Acquisitions: Fluid Systems Hawaii, Inc. ; A. P. Supply Company
Key Executives: Gareth Davis, chairman; Ian Meakins, chief executive; John Martin, CFO; Frank Roach, president and CEO, North America; Kevin Murphy, Ferguson COO; Dave Keltner, Ferguson CFO; Keith VanderVennet, Ferguson senior vice president of sales; Darcy Curran, Wolseley Canada senior vice president
The U.S. market has been a bright spot in 2013 for Wolseley plc, which is based in the UK. The business reported ongoing headwinds in Europe resulting in headcount reductions in the region in 2013. In mid-2013, Wolseley changed its leadership structure in North America. Frank Roach, who was responsible for the U.S. and Canada, switched to focus primarily on the U.S. The distributor tapped John Martin to lead Canada. Also in mid-2013, Ferguson, Wolseley’s U.S. business, broke ground on a new distribution center in Ohio to aid in delivering product to customers more quickly – next day in some cases.
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