Ex-Speedy Hire director joins contractor

Carillion

The former finance director of tool hire firm Speedy Hire has been appointed as Carillion’s new chairman of its audit committee.

Justin Read has also been appointed a non-executive director of the firm and will take up his audit committee role after the firm announces its 2017 results next spring.

Read, who also worked in a number of senior roles including deputy finance director at materials giant Hanson for 13 years, began his non-exec role at the beginning of the month

Current audit committee chairman Andrew Dougal is stepping down from the role as well as leaving his non-exec role where has been for just over six years.

Carillion said Read, who is also a non-exec at building products firm Ibstock and private landlord Grainger, will also serve on a number of its other committees including remuneration and health and safety.

It is the second non-exec appointment Carillion has made in recent weeks after announcing last month that former Jarvis and Costain boss Alan Lovell had joined the business.