Interserve has announced that Bruce Melizan, who was in charge of the firm’s support services business, stepped down from the board at the end of November as part of the firm’s ‘Fit for Growth’ strategy, but will remain at the company until the end of January 2018 for transitional purposes.
The firm revealed that the support services business unit will now report directly to group chief executive, Debbie White.
Chairman Glyn Barker said: “I would like to thank Bruce for his significant contribution to Interserve over the last 14 years. Bruce’s capability in developing strong customer relationships, leading key acquisitions, driving organisational change and focusing a 50,000-strong workforce on operational excellence have helped to shape today’s organisation.”
Meanwhile, Carillion has appointed Justin Read, former group finance director of Segro, as non-executive director and chairman designate of its audit committee, a position he will assume following the preliminary announcement of the firm’s 2017 results.
Andrew Dougal, currently chairman of the audit committee, will retire from the board.
Carillion chairman Philip Green said: “[Read] has substantial operational experience across the finance function of significant and international businesses, having served as a group finance director for over eight years, and a proven track record of driving business growth.”
Interserve and Carillion have both recently warned that they might breach their banking covenants as a result of poor operating performances.