Forterra’s CFO, Ben Guyatt, has announced that he is to step down from the role later this year.

He has served at the clay and concrete building products manufacturer and its predecessor organisations for the past two decades and is departing to pursue new challenges.

Guyatt will remain in the role until 31 October to assist with an orderly transition of responsibilities.

Forterra said a formal search process to identify his successor has commenced and a further announcement will be made once an appointment has been confirmed.

Chief executive at Forterra, Neil Ash, stated: "On behalf of myself and the board, I would like to thank Ben for his strong and loyal contribution to Forterra over many years. He has played an important role in both establishing the group and its listing in 2016, as well as in the group's continued growth and development since then. We wish him well in his future endeavours."

Guyatt concluded: "It has been a privilege to serve as CFO of Forterra. I am proud of what we have achieved and believe that Forterra is well-placed for future success. I remain fully committed to supporting the group over the coming months to ensure a seamless transition."

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