Matthew Lester is to replace Phillip Cox as chairman of the contractor’s board of directors from 1 January 2020.
Lester’s resume includes; CFO of Royal Mail, non-executive director of Man Group (since 2011), Barclays (since 2017) and Capita (since 2017). He will stand down from the board of Barclays with effect from the New Year.
Lester said: “I look forward to working with the Board to deliver the Group's strategic priorities and in continuing to build the foundations for its future."