{"id":505071,"date":"2024-09-02T10:39:39","date_gmt":"2024-09-02T09:39:39","guid":{"rendered":"https:\/\/www.constructionnews.co.uk\/?p=505071"},"modified":"2024-09-02T10:54:33","modified_gmt":"2024-09-02T09:54:33","slug":"tilbury-douglas-chief-executive-to-step-down","status":"publish","type":"post","link":"https:\/\/www.constructionnews.co.uk\/contractors\/tilbury-douglas\/tilbury-douglas-chief-executive-to-step-down-02-09-2024\/","title":{"rendered":"Tilbury Douglas chief executive to step down"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Tilbury Douglas chief executive Paul Gandy \u2013 a key figure in the firm\u2019s turnaround \u2013 will step down in November.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gandy oversaw Tilbury Douglas\u2019 transition from subsidiary of the ailing Interserve to become a standalone tier one contractor.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He joined the firm as construction managing director in 2019, just after Interserve\u2019s subsidiaries were sold to its lenders in a prepack administration. Gandy previously worked for Kier, where he served as major projects director.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He rebranded Interserve, reverting to its former Tilbury Douglas name in 2021, and announced the following year that the firm would operate as a sole contractor.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In its first full year under the new structure, the company reported a modest pre-tax profit of \u00a35.8m, up dramatically from the \u00a394m loss posted the year before, which was caused by the costs of separating from Interserve.<\/span><\/p>\n<p>Tilbury Douglas was ranked 43<sup>rd<\/sup> in the <a href=\"https:\/\/www.constructionnews.co.uk\/financial\/cn100-2023-back-in-the-driving-seat-21-09-2023\/\">CN100<\/a> list of top contractors last year.<\/p>\n<p><span style=\"font-weight: 400;\">Gandy leaves his role to prepare for his upcoming Chartered Institute of Building presidency, which he will take over from Mike Kagioglou in summer 2025. He will continue to work with Tilbury Douglas as a part-time adviser to the board.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He said: \u201cIt has been a real privilege to have led the turnaround of Tilbury Douglas and have seen the business growing again from a solid foundation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI thank all my colleagues, our board and our shareholders for their hard work and encouragement during that time.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chief operating officer Craig Tatton will take up the chief executive mantle. Tatton joined the company in 2017 as its regional building director. Before that, he had roles as chief operating officer at Bouygues UK and managing director at Willmott Dixon and ISG.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tatton said: \u201cOur business is poised ready for its next phase, steadily broadening our portfolio of services for customers, while working alongside our suppliers, to enable growth of careers, profits and cash.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cPeople matter and I am proud that at Tilbury Douglas we remain committed not only to everyone\u2019s safety and health, but to sustainable contributions within the communities we serve.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gandy started his 45-year construction career in 1979 as a trainee engineer with Trollope and Colls.\u00a0 He also served in stints as managing director at Balfour Beatty, Carillion, Lendlease and Multiplex.<\/span><\/p>\n<p><a href=\"https:\/\/www.constructionnews.co.uk\/contractors\/tilbury-douglas\/tilbury-douglas-boss-on-how-the-firm-will-be-sticking-to-its-knitting-26-10-2022\/\"><span style=\"font-weight: 400;\">Speaking to <\/span><i><span style=\"font-weight: 400;\">Construction News <\/span><\/i><\/a><span style=\"font-weight: 400;\">in 2022 after the transition from Interserve to Tilbury Douglas, Gandy said the firm was \u201csticking to its knitting\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He added: \u201cThere are those who do well managing the status quo and there are those who like to face into a challenge. My chair always tells me: \u2018You like to walk towards the sound of gunfire.\u2019\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tilbury Douglas chief executive Paul Gandy \u2013 a key figure in the firm\u2019s turnaround \u2013 will step down in November. Gandy oversaw Tilbury Douglas\u2019 transition from subsidiary of the ailing Interserve to become a standalone tier one contractor. He joined the firm as construction managing director in 2019, just after Interserve\u2019s subsidiaries were sold to &#8230;<\/p>\n","protected":false},"author":141524,"featured_media":505087,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[2164,2167,534],"tags":[],"class_list":["post-505071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-peoplemoves","category-tilbury-douglas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tilbury Douglas chief executive to step down | Construction News<\/title>\n<meta name=\"description\" content=\"Tilbury Douglas chief executive Paul Gandy \u2013 a key figure in the firm\u2019s turnaround \u2013 will step down in November. 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