Mastermind of May Gurney swoop named group chief executive of Kier

Haydn Mursell, chief executive of Kier Group Haydn Mursell, chief executive of Kier Group

Wednesday, July 2, 2014
12:58 PM

The man seen as the “driving force” behind Kier’s swoop for Norwich-based May Gurney has emerged as the company’s new group chief executive.

To send a link to this page to a friend, you must be logged in.

Haydn Mursell has taken the top role at the Kier Group after spending the past four years working as its group finance director. He replaces departing chief executive Paul Sheffield who announced in February that he would be leaving his post.

It comes as the EDP Top100 firm’s underlying trading performance for the full year ending June 30 remained on course, as it revealed plans to consolidate its residential housing arm into one business branded Kier Living.
Mr Mursell said: “Having had the opportunity to work at Kier over the last four years it is a privilege to be taking on the role of chief executive.

“The business has some of the most experienced and skilled teams in the industry and a diverse portfolio of clients spanning the construction, services and property sectors, so it is incredibly well placed to make the most of recovering markets.”

Kier Group’s services order book was stable at £3.6bn, with 85pc of revenues secured to June 30 2015. The performance was partly boosted by the announcement earlier this year that Kier was named preferred bidder for two long-term contracts with Anglian Water worth £130m.

Meanwhile, its construction division’s operating margins was also stable at 2pc, with an order book of £2.6bn, representing 90pc of its anticipated revenues to June 30 2015.

Phil White, Kier Group chairman, added: “I am delighted that we have been able to appoint such a strong successor to Paul from within the group. It enables us to bring new momentum and vision to the leadership team, informed by a robust understanding of the business.

“Haydn was a driving force behind our acquisition of May Gurney and he has played an integral role in enabling the business to reap the rewards of that strategic investment. This combined with his earlier experience at Balfour Beatty and Bovis Lend Lease gives him exceptional credentials. It is an exciting time for the Group and I am very much looking forward to working with him.” May Gurney shareholders overwhelmingly backed a £221m takeover of the firm by Kier last year, marking the end of the road for the Trowse-based firm as a separate entity.

• Do you have a business story for the Eastern Daily Press? Contact business writer Ben Woods on 01603 772426 or email ben.woods@archant.co.uk

0 comments

Comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Eastern Daily Press visitors.


We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Eastern Daily Press staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Forgotten your password?


Not a member yet?

Register to create your own unique Eastern Daily Press account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

ADVERTISEMENT

ADVERTISEMENT

Most read business stories

Father and son Max and Nick Applin, directors of Applin & Co.

Norwich father and son’s business goes from strength to strength

A father and son who joined forces to set up their own business are hoping to push the boundaries as their company goes from strength to strength.

Read full story »

loading...

ADVERTISEMENT

ADVERTISEMENT