Kier continues ‘future proofing’ programme with executive director exits

Nigel Brook

Nigel Turner

 

 



 

 

 

 



 

Two construction and property directors have stepped down from Kier Group as the company steps up its efficiency and streamlining programme.

Construction and infrastructure services director Nigel Brook and development and property services director Nigel Turner leave the business with immediate effect.

Claudio Veritiero, currently strategy and corporate development director, has been promoted to the new role of chief operating officer.



Prior to joining Kier, Mr Veritiero was the chief operating officer of Speedy Hire plc, having spent his early career with the investment banking business of Rothschild. He was appointed to his current role and to Kier’s Board in March 2015.

Kier said the management reshuffle was designed to reduce duplication and simplify its management structure as part of the on-going ‘Future Proofing Kier’ cost-saving programme.

Commenting on the Board changes, Philip Cox, chairman of Kier, said: “Claudio has a strong record of managing operational performance and has acquired an in-depth knowledge of Kier, and its markets, during his time with the business. I very much look forward to working with Claudio in his new role.

“Nigel Brook and Nigel Turner will be leaving the Board after, respectively, 10 and 21 years’ service with Kier. Each has made a significant contribution to the business and the Board; under Nigel Brook’s leadership, our Construction and Infrastructure Services division has continued to perform well in a challenging market environment and Nigel Turner has, in particular, played a significant role in the Property business’ growth. I would like to thank each of them for their hard work and contributions and we wish them well for the future.”



Kier said that “good progress” has been made to date in identifying potential cost savings, further information about which will be provided in financial year results on September 20.


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