Ferguson plc

Ferguson plc
Company typePublic limited company
ISINJE00BJVNSS43
IndustryBuilding materials
HeadquartersNewport News, Virginia (corporate and operational headquarters)[1]
Key people
Geoff Drabble (Chairman)[2]
Kevin Murphy (CEO)[3]
RevenueIncreaseUS$22.8 billion (2021)[4]
IncreaseUS$2.0 billion (2021)[4]
IncreaseUS$1.5 billion (2021)[4]
Number of employees
31,000 (2022)[5]
Subsidiaries
Websitewww.fergusonplc.com

Ferguson plc (formerly Wolseley plc) is an American-British multinational plumbing and heating products distributor with its head office in Newport News, Virginia (corporate and operational headquarters).[1]

Its brands include Ferguson Enterprises (in the United States).[6]

Wolseley plc changed its name to Ferguson plc in March 2017, to reflect the primacy of its operations in the United States. Ferguson plc is listed primarily on the New York Stock Exchange and secondarily on the London Stock Exchange.[7] The company is registered in Jersey. The company continued to trade as Wolseley in the United Kingdom and Canada,[8] until 2021 when Wolseley UK was sold to a private equity firm.[9]

  1. ^ a b "Ferguson - Contact Us".
  2. ^ "Ferguson appoints former Ashtead boss Geoff Drabble as chairman". Reuters. 22 May 2019. Retrieved 2 August 2021.
  3. ^ "Kevin Murphy promoted to Ferguson plc group CEO". Supply House Times. 12 September 2019. Retrieved 2 August 2021.
  4. ^ a b c "Annual Report 2021" (PDF). Ferguson plc. Retrieved 14 February 2022.
  5. ^ "Corporate profile". Ferguson plc. Retrieved 14 February 2022.
  6. ^ "Our businesses". Ferguson plc. Retrieved 8 November 2018.
  7. ^ Josh Mitchell and Ben Dummett of The Wall Street Journal (5 April 2023). "Growing CEO pay gap gives New York an extra edge over London". Fox Business. Retrieved 8 April 2023. Thanks largely to big stock awards, CEOs of U.S.-listed companies tend to make several times more than those in the U.K.
  8. ^ "Wolseley to rebrand as Ferguson, exit Nordic region". FT. 28 March 2017. Retrieved 8 November 2018.
  9. ^ Cite error: The named reference TCI-04Jan2021 was invoked but never defined (see the help page).