On October 21, 2025, Reece Group announced that Stephen Mayne, an external non-Board endorsed candidate, has submitted himself for election as a non-executive Director of the Company, and the Company Board reviewed Stephen?s background and professional experience against the capabilities required to support the execution of Company?s strategy and long-term success, the Board has determined not to support Stephen?s appointment, recommended the shareholders to vote against his nomination at the Annual General Meeting of shareholders scheduled to be held on November 21, 2025.
Reece Limited is an Australia-based distributor of plumbing, waterworks and heating, ventilation, air conditioning and refrigeration (HVAC-R) products. The Company operates through two geographical segments: Australia and New Zealand (ANZ) and United States of America (United States). Its plumbing and bathroom products are sourced both locally and internationally. Its bathroom and kitchen products include tapware and accessories, toilets, basins, showers, vanities and furniture, baths, and spas, sinks and troughs, bathroom, and kitchen appliances. Its plumbing products include piping and fittings, hot water systems, tools, valves, roofing, toilets, tapware, and wastes. Its civil products include pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, fire, and water tanks. It distributes products to commercial and residential customers through approximately 900 branches in Australia, New Zealand, and the United States.
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Investor
Investor
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Global
Global
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Quality
Quality
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