McLaren recruits new MD as numbers show rude health
At the same time as unveiling growing profits, McLaren Construction has revealed that former Wates chief operating officer Dave Smith is coming aboard as managing director.
Dave Smith joins McLaren in April to take over from Phil Pringle as managing director-construction. He left Wates at the end of 2016 after 32 years with the company.
Co-founder Phil Pringle now becomes group executive director.
McLaren Construction Group’s newly published accounts show a £4.1m profit for year ending 31st July 2016 on a turnover of £481m, up 27% from £378m in 2015.
The company’s year to date revenue has already increased by £60m, with turnover expected to top £600m this year.
Other changes in the McLaren management team see David Murphy promoted to managing director – distribution and mixed use. He will also look after the Midlands & North divisions. In the South region, David Gavin is promoted to regional director.
The McLaren Construction Group plc new main board will comprise of Phil Pringle, David Murphy, Dave Smith, Maurice Archer (commercial director), Craig Young (finance director) and chairman Kevin Taylor.
Kevin Taylor said: “McLaren will benefit considerably from an appointment of Dave Smith’s calibre. We are looking to enhance our business moving forward, as we are now on the cusp of being a Top 10 UK contractor. To take us to the next level, we need to further enhance our excellent team, and Dave will add that.”
McLaren was founded in 2001 by Kevin Taylor and Phil Pringle who had previously worked together at Birse and then Fitzpatrick.
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This article was published on 10 Feb 2017 (last updated on 10 Feb 2017).