Kier names Wincanton's Hinton as incoming CFO

(Sharecast News) - Construction firm Kier Group revealed on Tuesday that chief financial officer Simon Kesterton will be stepping down from the board on 31 December, after six years in the role.

The FTSE 250-listed firm said Tom Hinton, who currently serves as Wincanton's interim chief executive, will be appointed to succeed Kesterton as CFO on 1 January.

Chief executive Stuart Togwell said: "I would like to thank Simon for his major contribution to Kier's success. Kier today is very different to the company he joined and he has played a pivotal role in strengthening our balance sheet and delivering our medium-term value creation plan.

"Tom has extensive financial and corporate experience and is extremely well-placed to support the ambitions we have set for Kier, and to continue to generate growth and deliver value for all our stakeholders."

Reporting by Iain Gilbert at Sharecast.com

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