{"id":119269,"date":"2022-12-08T12:54:12","date_gmt":"2022-12-08T12:54:12","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=119269"},"modified":"2022-12-08T12:54:12","modified_gmt":"2022-12-08T12:54:12","slug":"david-allen-appointed-chief-financial-officer-at-mace","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/david-allen-appointed-chief-financial-officer-at-mace\/119269\/","title":{"rendered":"David Allen appointed as chief financial officer at Mace"},"content":{"rendered":"<h2>David Allen joins <a href=\"https:\/\/www.macegroup.com\/projects\" target=\"_blank\" rel=\"noopener noreferrer\">Mace<\/a> as a permanent chief financial officer after four years with Wates as chief executive<\/h2>\n<p>Mace has announced the appointment of David Allen as its new Chief Financial Officer.<\/p>\n<p>David replaces Andrew Beck, who took on a role as interim CFO in September this year following the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/maces-chief-financial-officer-steps-down\/115386\/\" target=\"_blank\" rel=\"noopener noreferrer\">resignation of Richard Bienfait<\/a>.<\/p>\n<h3>David Allen brings extensive experience in construction and finance<\/h3>\n<p>David <a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/wates-group-ceo-david-allen-stepping-down\/113172\/\" target=\"_blank\" rel=\"noopener noreferrer\">stepped down in July this year as chief executive of Wates<\/a> after leading the business for more than four years and overseeing its highest-ever annual operating profit in 2021.<\/p>\n<p>David joined Wates as chief financial officer and company secretary in January 2016 following almost seven years as Crossrail\u2019s finance director.<\/p>\n<p>He joined Crossrail in 2009 from Laing O\u2019Rourke, where he was finance director of its European construction business.<\/p>\n<p>Before entering the construction industry in 2004, David had worked for Accenture, HSBC and Arthur Andersen.<\/p>\n<p>David takes up the role as Mace enters the third year of its 2026 Business Strategy, which set targets to reach \u00a33bn of revenue by 2026 and increase operating profits by 20% year on year.<\/p>\n<h3>Continuing Mace&#8217;s development in the built environment<\/h3>\n<p>Mark Reynolds, Mace\u2019s Group chairman and chief executive, said:<\/p>\n<p>\u201cI am very pleased to announce that we are appointing David Allen as our new chief financial officer. David has a tremendous record of achievement in the construction sector, both leading Wates \u2013 one of the most successful UK contractors \u2013 for more than four years, as well as direct experience of the delivery of complex infrastructure projects at Crossrail.<\/p>\n<p>\u201cOver the last two years we\u2019ve seen significant growth in our revenues and our profits, and David is exactly the person we need to continue to deliver our strategy and build on our work delivering some of the globe\u2019s most <a href=\"https:\/\/www.pbctoday.co.uk\/news\/featured\/tech-harden-uks-vital-infrastructure-against-extreme-weather\/118464\/\" target=\"_blank\" rel=\"noopener noreferrer\">complex and challenging infrastructure programmes<\/a>.\u201d<\/p>\n<p>\u201cI would like to thank Andrew and our finance leadership team for their support as we\u2019ve identified our new CFO.\u201d<\/p>\n<p>David Allen, Mace\u2019s incoming chief financial officer, said:<\/p>\n<p>\u201cHaving spent nearly two decades working in the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/digital-construction\/big-data\/how-data-delivers-a-greener-cleaner-built-environment\/119255\/\" target=\"_blank\" rel=\"noopener noreferrer\">UK built environment sector,<\/a> I\u2019m hugely excited to be joining Mace at such an important time in the company\u2019s journey. I\u2019m looking forward to working with Mace\u2019s leadership team and colleagues around the world to build on the organisation\u2019s record of exceptional delivery.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>David Allen joins Mace as a permanent chief financial officer after four years with Wates as chief executive Mace has announced the appointment of David Allen as its new Chief Financial Officer. David replaces Andrew Beck, who took on a role as interim CFO in September this year following the resignation of Richard Bienfait. David [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[285],"tags":[661,21873,1755],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-119269","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-hr-skills-news","7":"tag-hr","8":"tag-mace","9":"tag-wates"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>David Allen appointed as chief financial officer at Mace<\/title>\n<meta name=\"description\" content=\"David Allen joins Mace as a permanent chief financial officer after four years with Wates Construction as chief executive\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/david-allen-appointed-chief-financial-officer-at-mace\/119269\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"David Allen appointed as chief financial officer at Mace\" \/>\n<meta property=\"og:description\" content=\"David Allen joins Mace as a permanent chief financial officer after four years with Wates Construction as chief executive\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/david-allen-appointed-chief-financial-officer-at-mace\/119269\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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