Kier Group has announced the appointment of former Wates boss, Andrew Davies as its new chief executive
Andrew Davies will take up the role from 15 April.
From 2014 to 2018, Davies was the chief executive of Wates. In October 2017, he was announced as the chief executive of Carillion but, before he took up the role, Carillion became insolvent in January 2018.
Prior to leading Wates, Andrew Davies spent over 28 years with BAE Systems, undertaking a range of senior operational and corporate roles, including group strategy director and, managing director of the Maritime Division. Davies is also a non-executive director of Chemring Group.
Philip Cox, executive chairman of Kier, said: “Andrew has a strong track record of business leadership and his operational experience across a number of sectors, combined with his strategic approach, make him an excellent fit for Kier.
“On behalf of the board, I would like to welcome Andrew to the group and I look forward to working with him.”
Andrew Davies added: “I am delighted to be joining Kier as chief executive. Kier has established market-leading positions through developing long-term client relationships and delivering excellent client service.
“I look forward to leading Kier in consolidating those positions and to bringing a renewed focus on simplifying the group, improving cashflow generation and reducing net debt, whilst maintaining the group’s disciplined approach to risk management.”
Taking effect from 15 April, Philip Cox will continue his role as non-executive chairman.