LONDON, UK: AIREA plc announced the appointment of Mederic Payne as Chief Executive Officer and as a member of the Board of Directors.

Mederic Payne is an experienced business leader with a strong background in multinational home improvement retail and wholesale.

Most recently he was Managing Director of Multi-Brands with Al-Futtaim Group where he was key a key driver in the strategic development and transformation of the business. Mederic has also held senior roles with Kingfisher Group plc and Landmark Retail Group plc.

Mederic brings extensive leadership, commercial and marketing expertise to the role with a passion for developing people.

Mederic Payne said “I am delighted to be taking on the role of AIREA’s Chief Executive at such an exciting time in its development, with great foundations for us to build upon and continue its success.”

Martin Toogood, Non-Executive chairman, said “We are pleased to appoint someone with Mederic’s commercial expertise as chief executive.”

Mederic Robert George Payne (48) is currently a director of Orbtek Group SAS. He has held no other directorships in the last five years.

AIREA plc is a UK design-led specialist flooring company with shares quoted on the London Stock Exchange, supplying both retail and contract markets.