John Laing has announced the appointment of Olivier Brousse as chief executive.
Mr Brousse will succeed Adrian Ewer, who announced his intention to retire last year, on 1 March.
He will join John Laing from Saur Group, the international provider of delegated environmental services management, where he was executive chairman.
Prior to joining Saur, he was deputy CEO of Veolia Transportation.
John Laing chairman Dr Phil Nolan said: “We are delighted that we have attracted someone of Olivier’s calibre to succeed Adrian. His outstanding track record at Saur Group and prior to that at Veolia, combined with the strong existing John Laing management team that he will inherit, reassures us that we will retain the solid platform that has delivered John Laing’s great success. The Board believes Olivier brings with him the necessary drive and experience to ensure we are well placed for the future.
“Adrian has given outstanding service to the Company - 23 years in total, eight of which as chief executive. His leadership has been exemplary, overseeing the strategic shift away from construction to focus on our key target sectors of renewable energy, waste, accommodation, health and transport across the UK, continental Europe, North America and Australasia. He has helped turn John Laing into an investor and manager of infrastructure assets with a portfolio of investments valued at over £650m.”
Adrian Ewer said: “I am honoured to have been chief executive of John Laing and to have worked with such a committed, inspirational and innovative group of people. I believe we have achieved great success in positioning the business as a market leader in privately financed infrastructure and I would like to thank my colleagues for all their support. The business is in robust health and I’m pleased that it is being left in Olivier’s safe hands.”