Michael Dyke has left Lend Lease and his role as managing director of construction in Europe, the Middle East and Asia (EMEA) with immediate effect.
The Enquirer understands Dyke was the victim of a major strategic review ordered by Lend Lease’s chief executive of EMEA, Simon Hipperson.
Another three middle managers have also left the firm.
Hipperson took up the role last October and has been carrying-out a detailed review of the business since the start of this year.
One source close to the company said: “A new man was appointed late last year and this is a case of him reviewing things and stamping his mark on the company.”
A number of jobs in back-office functions are also expected to go.
Dyke joined Lend Lease in the summer of 2011 from National grid where he was UK Construction Director.
His role will be taken over on an interim basis by current EMEA director of operations, Neil Martin.
Lend Lease said: “Like any agile and forward looking business we are continuously reviewing how we work to ensure that our development, construction and investment management operations are as integrated and effective as possible in order to deliver the best value for our shareholders and partners.
“We are streamlining our central overhead to maximise cost effectiveness, to ensure that our projects have the optimal level of support and to position Lend Lease for continuing growth in the region.”