– UK, Coventry – Keller Group Plc (LON: KLR), the world’s largest geotechnical specialist contractor, today announced that Michael Speakman, Interim CEO and former CFO, has been appointed permanent CEO with immediate effect.
“I am delighted to announce Mike’s appointment as CEO. The Board and management is fully supportive of his appointment and we are all motivated in making Keller the high-quality business it deserves to be.” said Peter Hill, Chairman of Keller.
Keller also announces that Paul Withers, Senior Independent Director and Chairman of the Remuneration Committee, will retire from the Board at the conclusion of the Company’s Annual General Meeting to be held in May 2020, having served on the Board for 8 years. Paul will step down as Senior Independent Director and Chairman of the Remuneration Committee with effect from 1 January 2020. Paul’s retirement accords with Keller’s on-going Non-Executive Director succession planning process and continued commitment to Board renewal.
Baroness Kate Rock, Non-Executive Director and Chairman of the Workforce Engagement Committee, will be appointed Senior Independent Director and Eva Lindqvist, Non-Executive Director, will be appointed as Chairman of the Remuneration Committee, both as at 1 January 2020.
Mike Speakman, Chief Executive Officer, said: “I am honoured and excited to be leading Keller. The management team is committed to growing shareholder value and we will deliver this by the rigorous implementation of our newly enhanced strategy.”
Keller is the world’s largest geotechnical specialist contractor providing a wide portfolio of advanced foundation and ground improvement techniques used across the entire construction sector. With around 10,000 staff and operations across six continents, Keller tackles an unrivalled 7,000 projects every year, generating annual revenue of more than £2bn.
For more information: https://www.keller.co.uk
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