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Press Release

    News and Media - Interserve

Interserve Construction announces strengthened senior management team and refocused strategy for Paragon and London & South East Fit-Out business

by Interserve Press Office | May 14, 2019

Interserve Group Limited, the international support services and construction group, today announces several appointments to its senior management team as part of the wider reorganisation and strategy update of its Paragon and London and South East Fit-Out businesses, which is part of Interserve Construction.

Interserve is pleased to announce the appointment of Mark Buckle 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.

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.

As previously announced, Interserve Construction has started to wind down services that are not core to its future offering and remains focused on the successful completion and commercial close out of a small number of underperforming fit-out contracts.

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.”

- Ends -

Interserve Group Limited is one of the world’s foremost support services and construction companies. Everything we do is shaped by our core values. We are a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and have consolidated revenues of £2.9bn and a workforce of circa 68,000 people worldwide.

For further information

Ian Green
Media Relations Manager, Interserve
07740 513535
ian.green@interservefls.gse.gov.uk

www.interserve.com
For news follow @interservenews

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