Alumasc Chief Executive to Retire

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Job description

ALUMASC, the sustainable building products group has announced that Paul Hooper, Chief Executive, will be retiring in March 2026.

His retirement at the end of March comes after 25 years with the group and 23 years in the role.

The company says the search for Paul’s replacement is “well progressed” and an announcement regarding a successor will be made “in due course”.

Paul joined the board of Alumasc as group managing director in 2001 and was appointed chief executive in 2003. Under his leadership, Alumasc transitioned from a diversified industrial group operating across the construction, industrial and engineering sectors to a focused building products business.

The switch paid off, achieving compound annual growth in underlying profit before tax of 13.3% over the last 6 years.

Vijay Thakrar, Chair of Alumasc, said: “I want to thank Paul for his dedicated and committed leadership of Alumasc over a period of significant change. He will be leaving a strong and agile group, well placed to capitalise on the opportunities in its markets and we wish him the best for his well-deserved retirement.

“Paul will continue to lead the business over the coming months as we transition to a new chief executive and, alongside our other executive directors, will continue to focus on executing Alumasc’s growth strategy and delivering long-term sustainable value to all our stakeholders.”

Paul Hooper, Chief Executive of Alumasc, said: “It has been a tremendous privilege to lead Alumasc. I am looking forward to stepping aside from full-time executive life at the end of March 2026 following a record performance of the Group and for each of its divisions in the year ended 30 June 2025.

“I would like to thank all my talented colleagues – past and present – for their support. I am proud of all that we have achieved together and look forward to handing over to a new chief executive who will continue to help to realise Alumasc’s potential.”

Exit Arrangements

Paul Hooper will receive his current salary and benefits until 31 March 2026. He will also be eligible for an annual performance bonus in 2026 paid in the autumn.

He will receive a performance share award of 75% of his base salary, granted in October 2025. Subject to meeting performance conditions this award will be paid in October 2028 and be pro-rated for time served to 31 March 2026.

Paul’s other performance payments earned in 2022, 2023 and 2024 will be paid in late 2025, 2026 and 2027.

The company’s Annual General Meeting will be held at 10am on 24 October 2025 at Alumasc Roofing, White House Works, Bold Road, Sutton, St Helens, Merseyside WA9 4JG.