Paul Sheffield has announced his intention to leave Laing O'Rourke, less than three years after he joined the firm from Kier.
Sheffield joined the company in 2014 to head up its European business and went on to become managing director of mainstream construction, now known as Engineering Enterprise.
In this role he focused his leadership team on the legacy projects, which have now been completed in the UK, and also on building forward orders.
He joined the company from Kier where he was CEO after a 30-career at the firm.
The departure of Sheffield is the latest in a long line of senior personnel to have departed the company. These include former commercial director Callum Tuckett and major projects director Jonathan Goring, continuing a theme in recent years of senior executive reshuffling. Another board director, Mark Richardson, left at the end of 2016.
Ray O’Rourke said: “Paul and I feel that now is an appropriate time for him to step off and make way for others currently in the business with longer horizons.
“I would like to personally thank Paul for his tireless efforts and dedication over the past three years. His leadership has been instrumental in ensuring the business is now on track to grow safely and profitably in the coming years.”
Sheffield said: “Laing O’Rourke’s client base, technical capability and opportunity to excel across a broad range of major projects, puts the business in a lead position within our industry.
“Delivering for clients is at the core of the Laing O’Rourke business ethos. I know the leadership teams in place across the business will continue to ensure that clients’ commitments are delivered with certainty.”
In January the company confirmed it had suffered a huge £246m loss for the financial year to March 2016 due to “joining the race to the bottom”.