Wates appoints David Allen as new CEOSubscription
Wates has appointed David Allen as its new chief executive following his five-month stint as interim CEO.
More than 20 firms have landed places on a new £300m framework covering projects across the North-east.
Balfour Beatty scored its first monthly contractor league win since August last year with a £290m haul in March.
Wates chairman tells CN former chief exec “won’t go backwards” in his next job and that the firm was “tantalisingly close” to picking his successor.
Wates boss: We’re happy to hit £2bn by 2022Subscription
Wates interim chief executive David Allen has told Construction News the firm is happy for its £2bn turnover by 2020 target to be pushed back to 2022.
Wates features and analysis
Top-50 contract wins were down month on month and year on year in March as Balfour pipped Kier to the league summit.
Quintain has tasked Wates with delivering hundreds of homes to high standards as a neglected corner of London is turned into a thriving community.
The contractor top 50 increased more than 20 per cent year on year in February as Mace signed a single £400m deal to claim first place in the monthly league.
Kier topped the contractor table for the second time in three months as the festive slowdown dragged overall wins to their second lowest total of 2017.
As a member of Build UK, this year Wates Group is opening up 12 of our sites from Norwich to Cardiff, Bristol to Leeds and Southampton to York as part of Open Doors 2018.
Construction is an industry full of characters – these are the 15 people to keep an eye on in 2018.
When Andrew Davies was appointed as Wates boss four years ago, the firm’s chairman James Wates said the industry was seeing “positive signs of recovery” post-recession.
The contractor top 50 came crashing back down to earth in September having hit unprecedented heights during the previous month thanks to HS2 wins.
Winner: Wates Group
Winner: Wates Group
Working on some of the UK’s biggest and most complex projects, our finalists for Contractor of the Year have stood out from the competition in a number of ways.
With health and safety at the forefront of construction, our eight finalists have gone above and beyond to ensure the highest standards are met within their businesses.
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