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14/05/2019

Interserve Strengthens Senior Management Team

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Interserve has strengthened its senior management team with a series of new appointments.

The movement comes as part of the firm's wider reorganisation and strategy update of its Paragon and London and South East Fit-Out businesses

Mark Buckle joins as new Divisional Director for London and the South East. Mr Buckle was previously the Divisional Director for Interserve Construction in its Strategic Projects business and previously held senior roles in MACE and Bovis Lendlease.

Mark Smith, previously of Interserve Construction's Strategic Projects and International business, has been appointed as the Commercial Director for the London and South East Fit-Out business.

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Following a review process, Interserve will create a more sustainable, manageable and profitable business, narrowing its strategic focus to target attractive risk-adjusted returns in the sectors where it has a market leading customer proposition, combined with the resource and expertise to deliver them profitably.

Interserve will continue to identify opportunities to improve cost efficiency and effectiveness across the fit-out business, in line with the Group's broader 'Fit for Growth' programme, which is already delivering material cost savings and a simpler and more effective business and operating structure.

George Franks, Managing Director, Interserve Construction commented: "Under the leadership of Mark Buckle and with a strengthened senior team, Interserve's Paragon, and London & South East Fit-Out business will be more efficient and have a clearer focus on its core capabilities and service offering to clients. We believe that these changes will set the business on the path to future success."

(CM/MH)

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