Willmott Dixon’s finance director, Philip Wainwright, has been replaced by former trainee of the year Graham Dundas
Philip Wainwright has left the company three years after joining from Byrne Group.
Group finance director Wainwright spent 10 months at Byrne Group as interim finance director before moving over to Willmott Dixon.
Willmott Dixon said Wainwright had decided to leave the company due to changes in the way it operated.
A spokesperson said: “His finance director role is no longer broad enough to make best use of his experience and wider capabilities, so he is stepping down. Given the kind of changes in our business structure he feels he now has the opportunity to pursue new opportunities.”
Willmott Dixon is concentrating on construction after de-merging its Be Living housebuilding and Fortem repairs and maintenance subsidiaries at the start of last year.
Speaking about Wainwright’s resignation, chief executive Rick Willmott said: “The board has enjoyed a great working relationship with Philip over the last three years and much has been achieved in that time.
“We fully understand Philip’s decision and appreciate his candour and openness around his wish to move on and wish him every success in his future endeavours.”
The company’s chief finance officer Graham Dundas, who was named Willmott Dixon trainee of the year in 2002, has been promoted to take over from Wainwright, while company secretary Wendy McWilliams has also been promoted to the group board.
Willmott said: “Willmott Dixon has a strong and long history of developing and promoting our own talent. Graham has benefitted from Philip’s mentoring over the last couple of years and is ideally placed to make a seamless transition to the board.”