BAM Nuttall have appointed Adrian Savory as its new chief executive, with Savory set to take up his new post on 1 June.
Current chief executive Stephen Fox is stepping down at the end of May to pursue other opportunities ‘where his experience and expertise can support the continued modernisation of the construction industry.’
Fox was awarded a CBE in 2015 for services to construction, he is a trustee of the CITB and a board member of WISE. He initially joined BAM Nuttall (then: Edmund Nuttall) in 1989, the last ten years as chief executive.
Newly appointed chief executive Adrian Savory first joined BAM Nuttall in 1995 and has been a member of its management board, as managing director Infrastructure, since 2017. He will now be instrumental in leading the UK’s civil engineering business through the next stage of BAM’s strategic update.
Frans den Houter, CFO and Interim CEO Royal BAM Group said; “Steve postponed his planned departure because of the impact the outbreak of Coronavirus. It’s characteristic of Steve to put his colleagues at BAM Nuttall, customers and the company first, and we thank him for his commitment and his contribution to BAM. The executive committee, and all Steve’s colleagues, wish him well in his future.”
As of 1 June 2020 the management of BAM Nuttall will consist of Adrian Savory (chief executive), Martin Bellamy (managing director, regions), Alan Cox (preconstruction director), Ruth Dunphy (finance director) and David McGowan (delivery services director).