Tilbury Douglas Group has announced a change of leadership.
Paul Gandy, current chief executive officer, will be stepping down on November 1 as he prepares to take up his new role as the 122nd president of the Chartered Institute of Building.
He will be handing over to Craig Tatton, who as the new CEO, will lead the group forwards.
Tatton joined the group in 2017, leading the Regional Building businesses, before taking on wider responsibilities for Fitout, Engineering and Infrastructure.
In 2022 he stepped up to the role of group chief operating officer in preparation for this transition.
Gandy joined the Tilbury Douglas Group as CEO in 2019, initially leading it through significant restructuring.
He has agreed to continue as a part-time advisor to the Tilbury Douglas board.
“It has been a real privilege to have led the turnaround of Tilbury Douglas and have seen the business growing again from a solid foundation," he said.
"I thank all my colleagues, our board and our shareholders for their hard work and encouragement during that time."
Tatton added: “Our business is poised ready for its next phase, steadily broadening our portfolio of services for customers, whilst working alongside our suppliers, to enable growth of careers, profits and cash.
“People matter and I am proud that at Tilbury Douglas we remain committed not only to everyone’s safety and health but to sustainable contributions within the communities we serve.”
This year Tilbury Douglas is celebrating its 140th anniversary.
In 2023, it marked a successful first full year as a standalone major contractor and engineering business with revenue of £507.2m, growth of 25% on 2022.