Skanska UK has appointed Gregor Craig as its new president and CEO with Mike Putnam stepping down after seven years in the job.
Mr Craig, who is currently the firm’s executive vice-president, has taken over from Mr Putnam with “immediate effect”, the company said today.
Mr Putnam, who has been with Skanska for 25 years, will continue in a non-executive director role at the Swedish firm.
Mr Craig joined Skanska in 2003 as operations director for the company’s London commercial building operation following roles at John Laing, Wates and Carillion. He joined the company’s executive management team in 2015.
Last November Mr Craig took over the role of executive vice-president for Skanska’s construction business from Paul Chandler, who left the firm to join Wates.
The move came as part of a shake-up of Skanska’s executive team which also saw Thomas Faulkner become executive vice-president for the company’s civils business, taking over from Mr Craig.
Mr Craig spent five years as operations director for Skanska’s UK building arm from 2003, before becoming managing director for the firm’s civil engineering business until 2014.
He then held the role of managing director of Skanska’s infrastructure services business for just over a year before becoming executive vice-president for its civils business in February 2015.
According to the firm, Mr Putnam has decided to step down to take his career “to the next stage” and build a portfolio of non-executive directorship positions.
Skanska AB executive vice-president Anders Danielsson said: “I would like to thank Mike for his great contribution to Skanska over many years. He has decided that he wants to move to the next stage of his career and we wish him well.”
Mr Putnam said: “I am very proud of the inclusive and caring culture we have created over the last few years, which I believe is unique in the UK. I am also excited about the next phase of my career, while maintaining strong links with Skanska.”
Mr Craig said: “Even with our current industry-leading performance, I believe that we have still more potential to demonstrate to our customers and I look forward to playing my part to unleash it.”
More to follow…