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Wates appoints ex-Willmott FD as chief financial officer

Wates has appointed Philip Wainwright as the group’s new chief financial officer.

Mr Wainwright joins Wates having left Willmott Dixon, where he spent three years as group finance director.

He resigned from Willmott last month following the group’s restructure in 2017, which saw its Be Living housing development arm and Fortem property services business spun off.

A Willmott spokesman said at the time that, following the change, Mr Wainwright had decided his role was “no longer broad enough to make best use of his experience and wider capabilities”.

At Wates he will sit on both the group board and the executive committee and replaces Rod Holdsworth, who joined Wates as interim CFO in November 2017 and will hand over the role at the end of this month.

Mr Wainwright began his career as a graduate engineer with Balfour Beatty, later qualifying as a chartered accountant with Ernst & Young.

He has held senior financial and managment positions at Byrne Group, Laing O’Rourke, Biwater, National Grid and ED&F Man.

Wates chief executive David Allen said: “He has enjoyed great success with a number of leading businesses and will, I’m sure, make a real difference to our push to make Wates an even more sustainable, modern and trusted organisation.”

Earlier this month Wates strategy director Stephen Beechey joined the board of building products company Alumasc as a non-executive director

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