New Balfour Beatty MD for UK regional civils
Slade will succeed Mark Arrandale in February, who has been serving as interim MD of UK Regional Civils since October last year.
Slade will succeed Mark Arrandale in February, who has been serving as interim MD of UK Regional Civils since October last year.
In addition, Balfour begins 2026 share buyback programme for up to £50 million
The Competition and Markets Authority estimates £10.3 billion was spent on public roads and £8.7 billion on railways in 2023/24.
With ongoing works at Hinkley Point C and £3 billion of new work at Sizewell C cited.
Peter Mumford joins from Balfour Beatty where he was MD of its regional civils business in the UK. Before that, he was at Highways England.
Joanna Vezey succeeds Phil Clifton who is now divisional CEO of major projects, highways, and ground engineering.
People tend to forget more than 10 years ago Balfour Beatty was in a state of turmoil, with warnings of £120m-£150m profit shortfalls
Earlier in his career Hoare was chief executive of AtkinsRéalis in the UK and Europe.
Manchester-headquartered utilities contractor IES Utilities Group has appointed former Balfour Beatty director Neil Kirkby CEO.
It marks the final stage of the £59 billion supply chain framework supporting the Great Grid Upgrade and the UK’s low-carbon transition.