Wates appoints CFO

Contractor Wates has announced the appointment of a new chief financial officer (CFO).

Philip Wainwright will join both the Wates Group board and the executive committee on 3 December. He replaces Rod Holdsworth who joined the UK contractor as interim CFO in November 2017.

Wainwright was previously with Willmott Dixon and has held financial and general management leadership roles with Byrne Group, Laing O’Rourke, Biwater, National Grid and ED&F Man.

David Allen, Wates group chief executive, said: “I am delighted to be welcoming someone of Philip’s calibre and experience to the team. He has enjoyed great success with a number of leading businesses and will, I’m sure, make a real difference to our push to make Wates an even more sustainable, modern and trusted organisation.”