Mitie appoints Wickes exec as chairman exits outsourcer after eight years

Derek Mapp has overseen massive growth at Mitie since joining in 2017

By HARRY WISE

Updated: 11:50 GMT, 19 March 2025

Mitie Group has named a new chairman after Derek Mapp announced plans to stand down this summer after eight years in the role.

Mapp has overseen significant growth at the outsourcing specialist since joining in 2017, with annual turnover more than doubling following a series of takeovers, including the facilities management arm of rival Interserve.

The company achieved record revenue of £4.5billion in the 12 months ending March 2024, which helped boost its pre-tax profits by almost half to £150.6million.

Trading was supported by acquisitions, buildings infrastructure work, and contract gains and extensions from the likes of Amazon, the Home Office, and Lloyds Banking Group.

More recently, Mitie revealed its quarterly sales hit a record £1.3billion in the three months ending December.

Mapp, who previously chaired events planner Informa and recruiter Staffline, intends to depart at the conclusion of Mitie’s annual general meeting on 22 July.

Result: Mitie achieved record revenue of £4.5billion in the 12 months ending March 2024

Phil Bentley, chief executive of Mitie, said: ‘Derek Mapp has been an inspirational chairman during Mitie’s evolution and its emergence as the UK’s largest technology-led facilities transformation business.

‘I’d like to thank him for his wise counsel, strategic judgement and his ‘eye’ for creating value. He will be missed.’

Mapp will be replaced by Christopher Rogers, the chairman of home improvement firm Wickes Group and a senior independent director at Irish food producer Kerry Group.

Rogers joined Wickes a year before the company demerged from Travis Perkins as part of a plan to simplify the business and focus on its trade customers.

The Watford-based retailer enjoyed massive growth during 2021 as low interest rates, a temporary stamp duty cut and the rise of remote working led to soaring demand for property renovations.

Sales subsequently slowed as lenders put up mortgage rates, and surging energy prices led to a cost-of-living crisis.

Rogers said: ‘Mitie has a highly experienced management team, and I am looking forward to working with them and the board to grow and develop the business further and to continue to deliver value for all Mitie’s stakeholders.’

Prior to joining Wickes, Rogers was an executive at Premier Inn owner Whitbread, holding roles including group finance director and global managing director of Costa Coffee.

He also worked in senior positions at Woolworths, electricals retailer Comet, and Kingfisher, the parent company of B&Q and Screwfix.

Mitie Group shares were 0.4 per cent up at 113p and have increased by around 155 per cent over the past five years.

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Mitie appoints Wickes exec as chairman exits outsourcer after eight years

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Mitie appoints Wickes exec as chairman exits outsourcer after eight years