Nick Taylor is to step down to step down as chief executive of Waterman Group next year after 42 years at the company.
Mr Taylor (pictured, right) has also been CEO at the company for 17 years.
He will step down from the Waterman Group plc board on 31 March 2025 with Neil Humphrey succeeding him on 1 April.
Mr Humphrey is currently the chief operating officer of Waterman UK and has been 'an integral part of the Waterman team' since 2001, the company said.
From 1 April 2025, Mr Taylor will continue as non-executive chairman of Waterman.
He will also retain his position as a director of Waterman’s businesses in Ireland and Australia.
Both Mr Taylor and Mr Humphrey currently sit on the Waterman Group plc board and the company’s separate executive board.
Neil Humphrey
The firm said the transition has been carefully planned over several years, with the next generation of leaders increasingly taking on more active and responsible roles within its organisational structure.
Founded in 1952, Waterman Group describes itself as a multidisciplinary consultancy providing sustainable solutions to meet the planning, engineering design and project delivery needs of the property, infrastructure, environment and energy markets.
The company specialises in civil, structural, transportation, mechanical and electrical engineering as well as sustainability and construction related health and safety consultancy.
Waterman Aspen, which is a part of the Waterman UK, is the sponsor for the Active Travel Scheme of the Year category at the 2024 Highways Awards next week and was also a sponsor last year.