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Former Wates boss to take up CEO role at Kier

Kier Group has appointed Andrew Davies as Chief Executive Officer with effect from 15 April 2019.

From 2014 to 2018, Davies was the CEO of Wates Group, the construction, developments and property services group. In October 2017, Davies was announced as the CEO of Carillion but the company collapsed in January 2018 before he took up the role. Prior to leading Wates, Davies spent over 28 years with BAE Systems, undertaking a range of senior operational and corporate roles, including Group Strategy Director and, latterly, Managing Director of the Maritime Division. He is also a Non-Executive Director of Chemring Group.

Speaking about his new position, Davies said: “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.”

Philip Cox, Executive Chairman of Kier, commented: “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.”

With effect from 15 April 2019, Philip Cox will resume his position as Non-Executive Chairman. Cox has been holding the role of Executive Chairman since 22 January following the immediate resignation of its former CEO, Haydn Muriel.

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