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16/08/2018

Interserve Announces New Simplified Organisational Structure

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International support services and construction group, Interserve has announced a plan to introduce a new simplified organisational structure that will combine both UK and International divisions.

This change supports the Group's strategic priorities to define and deliver consistent propositions for customers, standardise operational delivery and create a "One Interserve" culture.

The new Construction division will be led by George Franks, who currently runs Interserve's Construction International division. George has been with Interserve for 34 years and has extensive experience in both the domestic and international construction businesses. Gordon Kew, Managing Director of UK Construction, will be leaving the business at the end of September. During his two years as Managing Director, Gordon has been instrumental in strengthening the UK Construction leadership team and returning the business to profit in the first half of 2018.

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Also from 03 September, Interserve's international FM business will be joining our UK support services division.

These changes relate to the operations of the Interserve only and there will be no change to the Group's financial reporting.

Chief Executive Officer, Debbie White said: "These changes support our vision for a simpler, more efficient and more effective Interserve, where people are empowered to make things happen within a clear and strong leadership structure. Bringing our UK and International construction and support services businesses together will help us to reduce complexity, support the transfer of people and skills and develop a clear and consistent value proposition for customers wherever they are in the world."

(MH/CM)

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