Skanska UK has announced that president and CEO Mike Putnam is stepping down with immediate effect, to be replaced by Gregor Craig.
Incoming Skanska CEO Gregor Craig
The infrastructure firm said the appointment of Mr Craig demonstrates its strong focus on succession planning and promoting from within the company. He joined Skanska in 2003 as operations director its London commercial building operation and joined Skanska UK’s executive management team in 2015.
Mr Craig said: ‘I am incredibly proud and excited to be given the opportunity to lead Skanska UK. We have built a great reputation within the industry and we are brimming with hard-working, ambitious and talented people.
‘Even with our current industry-leading performance, I believe that we have still more potential to demonstrate to our customers and I look forward to playing my part to unleash it.’
Mr Putnam has been at Skanska for more than 25 years, the last seven as president and CEO. The firm that during his time heading up Skanska’s UK business, which included the fallout from the global financial crisis, he had led the company to deliver ‘stable, industry-leading results’.
He has also ‘personally and passionately’ championed Skanska’s values, such as green, diversity and inclusion, and health, safety and wellbeing, both within the company and across the UK construction industry, the company said.
Mr Putnam now plans to build a portfolio of non-executive directorship positions, including continuing to work with Skanska UK in a non-executive capacity, supporting the Mr Craig to take the UK business forward.
He said: ‘I am very proud of the inclusive and caring culture we have created over the last few years, which I believe is unique in the UK. I am also excited about the next phase of my career, while maintaining strong links with Skanska.’