Ian Holcroft had been working for Laing O鈥橰ourke JV at Somerset nuclear site

Ian holcroft

Murphy has appointed Ian Holcroft as its new director of procurement, joining the business at the start of next month.

He has over 30 years of experience in procurement within the construction industry and joins from the Hinkley nuclear power station project where he had been leading procurement for BYLOR 鈥 the joint venture between Laing O鈥橰ourke and Bouygues.

Holcroft (pictured) had also been procurement director at Laing O鈥橰ourke for the past two years and has been at the contractor for a total of seven years having held procurement leadership roles overseeing operations in Europe and Australia.

David Burke, chief financial officer at Murphy, said Holcroft鈥檚 appointment is another step forward in developing its supply chain relationships to deliver on its ten-year plan to grow annual revenue to 拢2bn by 2025.

Earlier this month, the firm announced that Steve Hollingshead was stepping down as chief executive of Murphy after just two and a half years in the role.

The 61-year-old joined the north London contractor back in June 2015 after more than 25 years working for Ray O鈥橰ourke 鈥 first at O鈥橰ourke鈥檚 concrete business and, following the firm鈥檚 takeover of Laing Construction in 2001, at Laing O鈥橰ourke.

Hollingshead, who will become a non-executive director, is being replaced at the beginning of next year by the firm鈥檚 current chief operating officer John Murphy, who is the grandson of the contractor鈥檚 founder.

In its last set of results, Murphy saw revenue for the year to January 2017 slip 2.5% from 拢629m to 拢613m. Pre-tax profit was up 69% to 拢23.3m.