Two directors had been with the firm for less than 18 months
Two Balfour Beatty directors have stepped down after serving on the board of the troubled construction giant for less than 18 months.
Balfour announced on Friday that Belinda Richards and Bill Thomas had both resigned from the Board as non-executive directors with immediate effect.
Richards is a former global head of merger integration at Deloitte and is also on the board of Grainger plc, the UK鈥檚 biggest private residential landlord. Thomas holds a string of non-executive appointments and chaired the Labour Party鈥檚 Small Business Task Force.
Steve Marshall, executive chairman of Balfour, said: 鈥淏elinda and Bill have served Balfour Beatty through a challenging period in the company鈥檚 development and leave with our thanks for their contribution.
鈥淎s previously announced, Leo Quinn joins as our chief executive Officer on 1 January 2015, while the searches for a new non-executive chairman and a chief financial officer are being actively progressed. A non-executive director search process will now be initiated.鈥
No comments yet