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Sat June 19 2021

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Capita drops Symonds branding

20 Jun 13 Nine years after acquiring Symonds Group, Capita is dropping the name.

Divisional CEO Richard Marchant
Divisional CEO Richard Marchant

Capita Symonds, formed in 2004 from the merger of Symonds with Capita Property Consultancy, will now just be branded as Capita property and infrastructure.

It is headed by Richard Marchant, who had been interim chief executive of Capita Symonds since February, after Jonathan Goring moved to look after Capita’s defence joint venture.

Mr Marchant was previously managing director of Capita’s property business from 2002 to 2006, at the time of the Symonds acquisition. He left in 2006 but rejoined earlier this year. He is now also joining the Capita plc executive board.

Capita plc deputy chief executive and joint chief operating officer Andy Parker said: “Since his appointment in February, Richard has achieved significant improvements across the business including a new executive board at Capita property and infrastructure. I am delighted that he has agreed to take on the chief executive role on a permanent basis and expect the business to continue to grow and strengthen under his leadership.”

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