Skanska UK's Chief Executive Officer (CEO) Mike Putnam is to step down from the company.

Having spent over 25 years with the company, Mr Putnam has announced he is moving on to develop the next stage of his career.

Gregor Craig has now been appointed as President and CEO with immediate effect.

Mr Putnam will continue to work with Skanska UK in a non-executive capacity, supporting the new President and CEO as he takes the business forward.

Mr Craig joined Skanska in 2003 as Operations Director for the company’s London commercial building operation, having spent the earlier part of his career at John Laing, Wates and Carillion, in both operational and commercial roles. He also acted as Managing Director of two operating units before joining Skanska's Executive Management Team in 2015.

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Elsewhere, he is a member of Skanska’s Global Safety Leadership Team, a member of the Skanska Infrastructure Development board and, externally, a member of the Build UK board.

Mr Craig said: "I am incredibly proud and excited to be given the opportunity to lead Skanska UK. We have built a great reputation within the industry and we are brimming with hard-working, ambitious and talented people."

Speaking on his decision to step down, Mr Putnam said: "I have thoroughly enjoyed my time leading an amazing organisation, with amazing people. I am very proud of the inclusive and caring culture we have created over the last few years, which I believe is unique in the UK. I am also excited about the next phase of my career, while maintaining strong links with Skanska."

Image: (L to R) Mike Putnam, Gregor Craig.

(LM/MH)