The managing director of City Building, one of the largest construction companies in Scotland, is to step down on 30 June.
John Foley will take early retirement from Glasgow City Council’s arm’s length construction company, commenting: “I would like this opportunity to thank all the staff and elected members who have supported me over the years”.
“City building had developed a solid record of delivering services on behalf of Glasgow City Council and a wide range of commercial clients, and I am confident the company will continue to thrive.”
Graham Paterson, director of operations at the firm, will become acting managing director upon Mr. Foley’s departure.
Councillor Paul Carey, chair of City Building, said: “John leaves the organisation well-placed and I’d like to thank him for his hard work and dedication”.
The company was established in 2006 from the Building Services Department of Glasgow City Council, and has a turnover of almost £200m, delivering £33m in surplus over the last five years to the council.