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McAlpine boss to step down

Business deal

Sir Robert McAlpine chief executive Tony Aikenhead is to stepping down at the end of July after just eight months in the job.

The move comes almost two years ahead of Aitkenhead’s planned retirement date. Aikenhead started the job in November last year and was given the role to introduce an improvement programme to transform the business. The firm said it is again trading profitably with a robust structure in place and a strong order book. Aikenhead was previously operations director at the firm.

A statement from the firm said: “Having achieved his objective, Tony and Sir Robert McAlpine’s construction board have agreed that the time is right for him to hand on his board responsibilities.”

Part of the transformation programme has been the commercial objective to increase the proportion of turnover from frameworks and the public sector and to achieve 20% of turnover from civil engineering by 2019.

Non-executive chairman Gavin McAlpine said: “We would like to thank Tony for his significant contribution to the business. He has seen the company through a major process of transition, which has moved us back into profit this year. His efforts, alongside the work of the Construction Board, mean that the company is facing a very bright future with a strong order book for the coming years.”

The firm said a new chief executive will be appointed in the coming months.

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