ISG has announced the appointment of Zoe Price as chief executive officer (CEO), following the decision by Matt Blowers to leave the business after 26 years, with the last two years as CEO.
The company has also appointed Andrew Page as interim chief financial officer (CFO), with current CFO Karen Booth leaving the business at the end of March.
Price’s twelve-year career at ISG includes roles as group director for public sector frameworks, chief operating officer (COO) for UK Construction, and most recently as group COO.
She has been a member of ISG’s statutory board since 2020.
Price said: “I’d like to pay tribute to the contribution that both Matt and Karen have made to the ISG business. We have not been immune to the challenging landscape of the construction industry over the past few years, but our focus on collaboration and quality delivery, alongside our investment in our people have characterised this period.
“Looking forward, I’m determined to build on this legacy, but also seek to more fundamentally reset how our business, and the wider industry responds to the growing challenges to our sector. That is going to take different thinking.
“We cannot expect to attract the talent and creativity our sector needs to thrive, through the continuation of behaviours and approaches that deliver the status-quo.
“I’m looking forward to the challenge of helping to make a change that will be positive across construction.”
Ex-ISG chief exec, Paul Cossell, recently resigned as a non-executive director, according to Companies House.
“Several” directors are reported to be “in the process of leaving” ISG, according to the Enquirer.
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