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Spencer Group poaches Costain boss as new CEO

Spencer Group has appointed Costain operations director Frank Millar as its new chief executive, in its second senior hire this year.

The Costain operations director for its natural resources division will join Spencer Group on 7 April, working from the company’s headquarters in Hull, East Yorkshire.

Mr Millar will replace current chief executive Charlie Spencer, who will become chairman.

This is the second senior hire for Spencer Group this year. In January it appointed David McLoughlin, finance and commercial director of Network Rail’s infrastructure projects division, as chief executive of its rail business.

It is also the second departure this year from Costain’s natural resource division. Its managing director Mark Rogerson left to become Speedy Hire chief executive in January.

Mr Millar said: “I was looking for a new business leadership challenge and Spencer Group clearly offers that. It’s an exciting business with a strong presence and excellent reputation in the markets it currently operates in.”

Prior to Costain, Mr Millar spent 10 years with engineering consultancy Amec, managing projects in the UK, Russia and North America.

He is also president and a member of the Management Board of the Engineering and Construction Industry Association – a trade and employer group for the engineering construction industry.

Chairman Mr Spencer said: “Frank comes to us with exceptional credentials from his work with two highly respected, stock market-quoted engineering groups.

“That experience will be invaluable to take Spencer Group further forward from what is already a sizeable business.

“I am moving up to chairman because I recognise that the business needs a chief executive with Frank’s experience to take it forward.

“As chairman I will still be actively involved in the business and in its strategic direction, but I will be handing over the day-to-day running of Spencer Group to Frank and a very experienced existing management team and supporting them fully in developing the business.”

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