New chief at Kier

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Andrew Davies, construction group Wates’ former chief executive, has been appointed as the new CEO of Kier.

He will take up the post from April 15.

Andrew had been due to move to Carillion from Wates to become its new chief executive, but the troubled company went into liquidation in January 2018 before he took up the post.

Prior to leading Wates, Andrew spent more than 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.

Andrew said: “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.”