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13/05/2021
Balfour Beatty Appoints New Chairman
Balfour Beatty has appointed Charles Allen, Lord Allen of Kensington, CBE, as the next Chairman and a Non-Executive Director of the company.
Lord Allen will join the Board following the Annual General Meeting today, 13 May, as a Non-Executive Director and, after a transition period, will assume the position of Chair from 20 July 2021 when he will succeed Philip Aiken, AM who has been Chair since 2015.
Lord Allen has extensive corporate experience across a range of sectors, most notably in support services and media.
His previous positions include Chair of ISS AS, Executive Chair of EMI Music, Chief Executive of ITV plc, Chief Executive of Compass Group and Chief Advisor to the British Home Office. He sits in the House of Lords and currently holds positions as Advisory Chairman, Moelis & Company and Chairman of Global Media and Entertainment.
Lord Allen said: "It is a good time to be joining Balfour Beatty, there are significant opportunities for the company to continue to develop in its chosen markets. I am looking forward to working with the Board and the management team to continue to create and deliver value to all stakeholders."
Lord Allen will join the Board following the Annual General Meeting today, 13 May, as a Non-Executive Director and, after a transition period, will assume the position of Chair from 20 July 2021 when he will succeed Philip Aiken, AM who has been Chair since 2015.
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Lord Allen has extensive corporate experience across a range of sectors, most notably in support services and media.
His previous positions include Chair of ISS AS, Executive Chair of EMI Music, Chief Executive of ITV plc, Chief Executive of Compass Group and Chief Advisor to the British Home Office. He sits in the House of Lords and currently holds positions as Advisory Chairman, Moelis & Company and Chairman of Global Media and Entertainment.
Lord Allen said: "It is a good time to be joining Balfour Beatty, there are significant opportunities for the company to continue to develop in its chosen markets. I am looking forward to working with the Board and the management team to continue to create and deliver value to all stakeholders."
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