Willmott Dixon appoints new chief executive

Rick Willmott has stepped down as Willmott Dixon’s chief executive after 18 years, with former trainee Graham Dundas taking his set.

Dundas joined Willmott Dixon as a management trainee in 1998, rising by strategy of the ranks to change into the firm’s chief financial officer in 2018. He used to be named trainee of the three hundred and sixty five days in 2002.

Dundas has also spent time as Willmott Dixon’s head of finance and as head of financial management at the company’s make stronger services and products alternate Inspace. He introduced the firm’s Earlypay initative in 2014, allowing “category A” provide-chain companions to be paid interior 14 days of their invoices being validated.

Rick Willmott grew to change into neighborhood chief executive in 2005, the fifth generation of his family to bustle the firm. He has now change into executive chairman, replacing Colin Enticknap, who retired from the role at the tip of 2023. Enticknap previously held neighborhood chief executive role from 1993 to 2005.

Willmott talked about: “I’m pleased that Graham’s development by strategy of our firm has now viewed him promoted to chief executive and I question ahead to working with him in our new roles.”

The contractor has also made two new appointments to its main board: Willmott Dixon Interiors chief working officer Roger Forsdyke and Fortem chief working officer Chris Tredget.

Willmott talked about: “As we initiate 2024, our new-question main board reflects our ambition for continued enhance whereas affirming significant continuity, steadiness and cultural consistency. It also reflects our ethos of promoting from interior where doable.”

The company’s pre-tax income slumped from £28m to £1m in its most modern self-discipline of accounts, although turnover grew to simply about £1.2bn.