Amanda Fisher to go after three years in role

Amey鈥檚 chief executive is to leave the company after three years in the post following the firm鈥檚 buyout by a private equity consortium.

Amanda Fisher will go when new owner Buckthorn Partners, which specialises in snapping up energy services businesses, and New York-based One Equity Partners, inks its deal with Amey鈥檚 current parent Ferrovial by the end of next month.

Buckthorn鈥檚 chairman is a former sports minister in the Thatcher government, Colin Moynihan, who also won a silver medal in rowing at the 1980 Olympic Games in Moscow, and partners include former chancellor Philip Hammond who stepped down as an MP at the 2019 general election.

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Amey will be under new ownership by the end of the year

The consortium is paying 拢400m for Amey, which was bought by the Spanish giant in April 2003 to get a foothold in UK PPP infrastructure work.

Amey chairman Ian Tyler, a former Balfour Beatty chief executive, said: 鈥淎manda has strengthened Amey鈥檚 role as a strategic partner to government, not only in delivering services used by millions every day, but also in creating jobs, skills and social value for communities across the UK. We wish her well in her future endeavours.鈥

Fisher joined Amey in summer 2017 having had spells at Balfour Beatty and Alfred McAlpine and replaced Andy Milner at the end of 2019 after four years in charge.