Wolseley plc Announces New North American Structure
Wolseley plc, Reading, England, parent company of Newport News, Va.-based Ferguson, has restructured management of its North American operations.
Chip Hornsby, currently president/CEO of Ferguson, will assume the additional role of chief executive North America. To support Hornsby in his new dual role, Ferguson is appointing John Stegeman as chief operating officer. Stegeman has been with Ferguson 19 years, serving as senior vice president of the waterworks business for the past four years.