– UK, London – Morgan Sindall Group plc (LSE:MGNS), the construction and regeneration group, today announces the appointment of Michael Findlay as Chairman, with immediate effect. Michael replaces Adrian Martin who, as previously advised, steps down from the Board as Chairman and from the Board.
Michael recently retired as Co-Head of Investment Banking for the UK and Ireland at Bank of America Merrill Lynch. Michael is the Senior Independent Director of UK Mail Group Plc.
Incoming Chairman, Michael Findlay said: “Morgan Sindall Group is an excellent business, with very strong, strategically important positions across the construction and regeneration markets. I look forward to joining the Board and working with the Company as it continues to build on the significant and exciting opportunities that lie ahead.”
Chairman Adrian Martin said: “I was delighted to be asked by the Board to take on the role of Chairman in November 2012. Having seen progress made in reshaping the business, I feel this is a good time to hand over to a new Chair to take the Company through the next phase of its development. I am pleased we have found someone of Michael’s calibre and experience. The business is in excellent shape, with a strong long term order book and solid balance sheet. I wish Michael and the Board every success for the future.”
Morgan Sindall Group
Morgan Sindall Group plc is a leading UK construction and regeneration group with revenue of c£2.4 billion and which operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.
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