BAM Nuttall has appointed Adrian Savory as its new chief executive, following the announcement that Stephen Fox, who has occupied the role since 2010, will step down at the end of May.
Mr Fox first joined BAM Nutall in 1989. In 2015, he received a CBE for his services to construction. The firm said that during his career at BAM Nutall, he has helped consolidate its position as a leading UK infrastructure contractor, improving safety and sustainability, while building a ‘strong’ cash position and ‘secure’ order book.
Frans den Houter, CFO and interim CEO Royal BAM Group said, “Steve postponed his planned departure because of the impact the outbreak of coronavirus. It’s characteristic of Steve to put his colleagues at BAM Nuttall, customers and the company first, and we thank him for his commitment and his contribution to BAM. The Executive Committee, and all Steve’s colleagues, wish him well in his future.”
Mr Savory joined the firm in 1995 and has been MD of infrastructure since 2017. BAM Nuttall said that he has particular experience in leading the delivery of national infrastructure projects, and that he will be ‘instrumental’ in leading the UK’s civil engineering business through the next stage of BAM’s strategic update.
As of 1 June 2020 the management of BAM Nuttall will consist of Adrian Savory (chief executive), Martin Bellamy (managing director, regions), Alan Cox (preconstruction director), Ruth Dunphy (finance director) and David McGowan (delivery services director).
