Charlie Lacey is to take over as chief operating officer at DIY and garden wholesaler Decco when John Findlay retires next March.

Lacey will transfer from Norbain Security, another business in the Newbury Investments group, in October to begin the hand-over

Findlay, who has been COO for the past 10 of his 20 years with Decco, is to continue as a consultant to look at acquisition opportunities for the construction and industrial supplies division.

Lacey joined Decco as a graduate trainee in 1991 and worked his way up to group supplier relations manager before taking his most recent role at Norbain as sales and marketing director.