Kier finance director to exit

Aaron Morby 6 years ago
Share

Kier finance director Bev Dew is to step down after the indebted contractor announces its 2019 results.

Dew will see through 2019 results before he steps down
Dew will see through 2019 results before he steps down

The announcement comes weeks after Kier’s new top boss Andrew Davies launched a review to cut debt and simplify the group’s structure.

The firm said it had started the search for his replacement when he leaves at the end of September.

Dew, aged 48, joined Kier over four years ago, quitting his job then as finance director of Balfour Beatty’s regional construction business where he had been in post just over a year.

Before that he was the chief financial officer of Lend Lease’s UK and European construction business for four years.

Philip Cox, Kier chairman, said: “Bev has been our finance director for over four years and I would like to thank him for his contribution over this time.

“Bev remains firmly committed to the company and will be working with the board to deliver the 2019 results.”

Davies started the top-to-bottom review of the £4bn revenue business to look at further ways of simplifying Kier to create a more focused group.

He said the review would build on work that has been undertaken by the board in recent months and was additional to the previously announced Future Proofing Kier programme, initiated by former chief executive Haydn Mursell.

Latest news

Lorne Stewart pulls plug on modular arm as losses mount

MDSL modular business wound down as parent LSRM reports £1.9m loss
4 hours ago

New law to force tower block cladding fix by 2029

Jail threat looms as £1bn fund launched to fix unsafe social housing
16 hours ago

Infrastructure Pipeline published with 780 projects worth £530bn

New online tool to provide live updates on hundreds of schemes
21 hours ago

World’s largest crane lifts Hinkley dome: Video

Construction times cut by 30% on nuclear site
19 hours ago

Aviva funds council housing push in north London

Barnet council seals first big institutional funding deal for housing
3 hours ago

Tarmac lands Welsh road repairs deal

Tarmac will also be able to bid for improvement work on the A55 North Wales Expressway
3 hours ago

Flannery invests £22m with JCB to boost fleet

Plant hirer strikes latest deal with machinery giant as fleet investment continues
21 hours ago

BAM boots Danny Sullivan off £100m HS2 bat tunnel

Contractor terminates labour supply deal on controversial project
1 day ago

Mace confirmed for £200m Paddington overstation job

Helical JV also sets start date for 429-room student job over Southwark station
1 day ago

Kier names new construction boss for clients and markets

Rebecca Boundy promoted to lead sector teams after year of framework wins
1 day ago

Elements Europe went down owing supply chain £8.7m

Korean owner kept offsite specialist afloat with £71.8m of loans in bid to stem losses
2 days ago

Bristol awards £288m civils and highways framework

Eurovia, Tarmac, Colas and regional SMEs share 10-lot deal
1 day ago

Kier seals PCSA deal for £55m Bridgend school

Heronbridge special school move back on track after cost hike and delay
1 day ago

Mobile crane fire closes M11 motorway

City Lifting machine catches fire in Essex
1 day ago

Altius and Erith win landmark London tower rebuild

Westminster council advances Huguenot House redevelopment
2 days ago

Corbyn suppliers left £4.4m out-of-pocket

£33m-turnover civils contractor only employed eight staff
3 days ago

McAlpine to restore England’s largest Victorian water tower

Colchester’s iconic ‘Jumbo’ to be reborn as visitor destination
2 days ago

Andrew Scott lands £20m Grand Pavilion revamp in Porthcawl

Restoration of landmark Art Deco building gets underway with 2027 finish target
2 days ago

Keepmoat profit drops 35% as completions slide

Land pipeline expands to 24,400 plots as firm eyes rebound
2 days ago

Bid race begins for £425m water transfer scheme

Contractors invited to help shape Affinity Water project
2 days ago

Legacy building defects return to haunt Barratt Redrow

House builder sets aside £248m for Redrow fire and concrete frame fixes
3 days ago

Skanska agrees £153m price to revamp A47 Thickthorn junction

New link roads and underpasses to ease traffic near Norwich
3 days ago

First tower plans go in for £1bn Liverpool Pier Head site

First design will "set tone" of scheme which could contain 60-storey tower
3 days ago

Barhale creates new low-carbon chief board role

Haddon takes board seat while Solomon becomes eastern regional director
3 days ago

Met Police preps £300m framework for estate upgrade

Early market talks start ahead of October bid contest
3 days ago

Raft of SME firms win £94m framework places

More than 50 demolition and asbestos specialists chosen: Full list
3 days ago

GRAHAM gets go-ahead for £110m Boddingtons Brewery revamp

Work to start this summer after Gateway 2 approval secured
4 days ago

Thames Water finance chief joins BAM UK & Ireland

Abigail Farrell-Black joins contractor as new finance head after senior roles at Thames and Southern Water
4 days ago

FM Conway profit jumps to £33m under Vinci

Turnover hits £608m and cash surges £68m just two months into new ownership
4 days ago

McAlpine breaks ground at £1.25bn Port Talbot green steel job

Port Talbot switch to scrap-powered production by 2027
4 days ago