Michelmersh Brick Holdings PLC announced that Frank Hanna, Joint Chief Executive Officer, has informed the Board of his decision to leave the Company in May 2024 to take up the role of Chief Executive Officer of Brickability Group plc. Since joining the Board as JCEO, alongside Peter Sharp in January 2016, the Group has experienced a significant period of success through both organic growth and value enhancing acquisitions. This has expanded the Group's annual brick output from 70 million to over 122 million alongside broadening the portfolio to include brick fabricated products and entering the European market with Floren.

Frank joined Freshfield Lane Brickworks in 1991 where he was a shareholder and director before it was acquired by MBH in 2010. Since their appointments as JCEO, Peter and Frank have built a strong leadership team through the Associate Directors sub-board, which manages the Group's commercial and production operations nationally and has underpinned a strong financial performance over the last eight years. Frank will work his twelve months' contractual notice and leave the Group in May 2024.

Following Frank's departure, Peter will become the sole CEO of the Group. In partnership with Frank, Peter has been integral to the success of the Group and this continuity of leadership leaves the Company well placed to continue delivering on its strategic priorities.