Nigel Brook and Nigel Turner have quit Kier’s board after a reshuffle saw Claudio Veritiero promoted to chief operating officer.
Kier said the decision to promote Mr Veritiero had been taken as part of its “efficiency and streamlining programme”, Future Proofing Kier.
Mr Turner, Kier’s director for developments and property services, had been with the contractor for 21 years.
Kier’s director for construction and infrastructure services, Mr Brook (pictured), had been at the firm for 10 years. Both resignations have been made with immediate effect.
All three men were among the top 20 best-paid executives among industry plcs, as revealed by Construction News last week.
Mr Veritiero earned £689,000 according to Kier’s most recent accounts, while Mr Turner received £683,000 and Mr Brook £674,000.
The contractor issued a trading update this morning in which it said “good progress” had been made on identifying cost savings.
It said a further update would take place when the company announced its full-year results on 20 September.
Mr Veritiero had been Kier’s strategy and corporate development director. He joined the company in 2011 having previously been COO of Speedy Hire.
Kier chairman Philip Cox said: “Claudio has a strong record of managing operational performance and has acquired an in-depth knowledge of Kier, and its markets, during his time with the business. I very much look forward to working with Claudio in his new role.”
“[Nigel Brook and Nigel Turner] have made a significant contribution to the business and the board; under Nigel Brook’s leadership, our construction and infrastructure services division has continued to perform well in a challenging market environment and Nigel Turner has, in particular, played a significant role in the property business’ growth.
“I would like to thank each of them for their hard work and contributions and we wish them well for the future.”