The Gloucester-based firm, which employs over 100 staff and trades across the UK and internationally, is reorganising its leadership in anticipation of significant growth over coming years.

Mr Moon, whose grandfather Edgar Moon founded the company in 1947, will become chairman of The P&M Group. His key responsibilities will be to represent the interests of shareholders, to guide the business and to ensure its culture and values are upheld. Mr Moon will also continue to play an active role in areas of particular interest, including training, raising standards and further increasing the company’s environmental credentials.

Tony Wall will become group managing director and will champion the ISD Solutions global brand, as well as facilitating new opportunities in areas such as pipe insulation and roofing and cladding. He will continue his current commercial role in terms of group sales activity but will increasingly focus on business development.

Adrian Smith, who has been technical director at ISD Solutions since 2010, will become the new managing director of ISD Solutions, using his considerable technical knowledge of composite-related panel technology, design, installation and fire protection to further improve ISD Solutions’ technical offering.

Completing the board of The P&M Group is Gareth Ross, who is financial director at the company which he first joined in 2007.

Mr Moon, who turns 61 this April, said: “With exciting times ahead this is definitely not retirement. However, I will greatly reduce the operational things I do and, at the same time, it is an opportunity to refine the structure of the company.

“Tony and Adrian have collectively been with the business for almost 60 years. Between them, they have unrivalled knowledge of our industry and our particular niche specialisms and I am confident that, under our joint leadership and as appetite for quality composite solutions grows, we can develop ISD and The P&M Group even further.

“I would like to thank Tony and Adrian for their contribution to making the company what it is today and I congratulate them on their new positions.”