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Colas appoints new chief executive

Colas has appointed Carl Fergusson as its new chief executive.

Mr Fergusson has been promoted to the role following current chief executive Lee Rushbrooke’s decision to step down after seven years leading the company.

Mr Rushbrooke will leave the UK business on 3 September to take on a new executive role in Colas’ US business.

The new boss will officially become chief executive designate from 2 July and work with Mr Rushbrooke during a transition period.

He has spent more than 30 years with Colas, and most recently held the role of executive director that saw him lead an 18-month strategic review of the firm.

This is the latest change to the management at Colas, after former Kier infrastructure managing director Jag Paddam joined in January to become its associate director responsible for UK projects.

The company also brought in former Bouygues UK director Stephen Leo as head of preconstruction in January.

Mr Rushbrooke said: “The company has seen significant change over the years and is now ready to implement and deliver against our new strategy.

“We have the full support from our shareholder for our ambitious growth aspirations as we position ourselves to capitalise on the significant infrastructure investment promised over the next five years.”

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