Exclusive: Vinci UK commercial director Paul Tuplin has left the firm as part of several managerial changes following the appointment of new chairman and CEO Bruno Dupety.
Former UK managing director Andrew Ridley-Barker has also left Vinci, while Taylor Woodrow managing director Graham Stanley will retire at the end of the year.
It is understood that neither Mr Ridley-Barker or Mr Tuplin will be replaced, with Mr Dupety preferring to deal directly with four managing directors across the business.
Responsibility for the firm’s building business will now fall solely to Chris Hamer as building managing director, having been divided between managerial staff before the reshuffle.
Construction News understands Vinci will appoint former Roger Bullivant managing director Julian Gatward, who joined the company in July, to replace Mr Stanley as Taylor Woodrow MD following his retirement.
Mr Gatward is currently acting as deputy Taylor Woodrow managing director.
In Vinci UK’s most recent results for the calendar year 2013, its building division recorded a pre-tax loss of £33.8m in 2013, following a £6.6m loss in 2012.
Taylor Woodrow reported pre-tax profit of £10.5m in 2013, down from £11.7m in 2012.
Facilities reported pre-tax profit of £6.7m in 2013, down from £7m in 2012. Its PFI arm reported pre-tax profit of £23.3m, up from £3m in 2012.
Senior management reporting to CEO Bruno Dupety:
- Chris Hamer; building
- Tony Raikes; facilities
- Russell Matthews; Vinci Technology Centre UK
- Graham Stanley/ Julian Gatward; Taylor Woodrow