Bill Hocking, executive vice-president of Skanska confirmed that the firm will tilt its UK business towards infrastructure from 2015 to 2020, after restructuring its senior management.
Skanska UK announced that a 2020 business plan for the contractor will be developed by its infrastructure services manager Deirdre Murphy. She has been managing the infrastructure services operation for the company since 2008 and has led the acquisition of Atkins’ highways services business. The acquisition of Atkins’ highways services business had brought an additional £180m of annual revenue to Skanska UK and had increased the number of employees by 1,200.
Mike Putnam, the Skanska chief executive said that in order to take advantage of UK economic growth, the company was changing its management. Skanska has moved managing director of Skanska UK’s civil engineering arm Greg Craig who will run the infrastructure services business and, to permit Ms Murphy to work on the review.
As per Mr. Hocking, the weather resilience of the UK’s transport infrastructure would be reviewed. He feels that there should be a root and branch review of transport infrastructure resilience over the year which would lead to major investment.
To allow Ms Murphy to work on the review, Skanska has moved other staff as well. Greg Craig, the managing director of Skanska UK’s civil engineering arm, will run the infrastructure services business and the operations director of the civil engineering business, Thomas Faulkner, will replace him.
Skanska is expected to divide the business 55:45 between infrastructure and building. He also said that infrastructure and building have been hovering around 45 and 55% over the past decade. Currently, it is around 50:50 and the firm sees the infrastructure picking up to be 55:45.
Skanska UK announced that a 2020 business plan for the contractor will be developed by its infrastructure services manager Deirdre Murphy. She has been managing the infrastructure services operation for the company since 2008 and has led the acquisition of Atkins’ highways services business. The acquisition of Atkins’ highways services business had brought an additional £180m of annual revenue to Skanska UK and had increased the number of employees by 1,200.
Mike Putnam, the Skanska chief executive said that in order to take advantage of UK economic growth, the company was changing its management. Skanska has moved managing director of Skanska UK’s civil engineering arm Greg Craig who will run the infrastructure services business and, to permit Ms Murphy to work on the review.
As per Mr. Hocking, the weather resilience of the UK’s transport infrastructure would be reviewed. He feels that there should be a root and branch review of transport infrastructure resilience over the year which would lead to major investment.
To allow Ms Murphy to work on the review, Skanska has moved other staff as well. Greg Craig, the managing director of Skanska UK’s civil engineering arm, will run the infrastructure services business and the operations director of the civil engineering business, Thomas Faulkner, will replace him.
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Published By
Tuhin Maity
www.quantity-takeoff.com
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