Fenn will retire from the company as chief executive and managing director in February 2023, and will be replaced by Peter Tompkins, Downer’s current chief operating officer.
Tompkins joined Downer in 2008 and was appointed group general counsel in 2013. Following Downer’s acquisition of Spotless in 2017, he was appointed project director for the Royal Adelaide Hospital PPP, and in 2018 was appointed CEO and managing director of Spotless, leading its integration into Downer.
Downer chairman, Mark Chellew, thanked Fenn for his significant contribution to the company as CEO over the past 12-and-a-half years.
“Grant has been the driving force in reshaping this business,” Mr Chellew said. “His commitment to our customers, our people and our shareholders has been unwavering, often in very testing circumstances. We wish Grant the very best for his future endeavours.”