New chairman for Morgan Sindall
Morgan Sindall Group has named merchant banker Michael Findlay as non-executive chairman of the board, in succession to Adrian Martin.
Michael Findlay recently retired as co-head of investment banking for the UK & Ireland at Bank of America Merrill Lynch. He is also a non-executive director of UK Mail Group Plc.
Mr Findlay said: "Morgan Sindall Group is an excellent business, with very strong, strategically important positions across the construction and regeneration markets. I look forward to joining the board and working with the company as it continues to build on the significant and exciting opportunities that lie ahead."
On his way out, Adrian Martin said: "I was delighted to be asked by the board to take on the role of chairman in November 2012. Having seen progress made in reshaping the business, I feel this is a good time to hand over to a new chair to take the company through the next phase of its development. I am pleased we have found someone of Michael's calibre and experience. The business is in excellent shape, with a strong long term order book and solid balance sheet.”
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This article was published on 3 Oct 2016 (last updated on 3 Oct 2016).