Interserve

Interserve CEO Debbie White is to leave the company by the end of the year as the group announced a major divisional operating structure for its three divisions. Ms White will step down from her role as chief executive officer as of 31 December 2019, having outlined her intention to leave the compan

Interserve Group has today appointed Ben Edwards as commercial director of the company’s UK construction business. Mr Edwards succeeds Andrew Jarman, who joined the company in 1990 and is retiring.

Interserve has showcased two of its young engineers in recognition of This is Engineering Day. Jonathan Watson, 22, from Airdrie undertook two consecutive summer placements with Interserve while he was studying before being offered a permanent job after graduation.

Five Kier companies and Seddon Construction are among 20 firms to have been suspended from the Prompt Payment Code for failing to pay suppliers on time.

As part of World Mental Health Day yesterday, Interserve Construction held Tea and Talk events at its Livingston office and Scottish National Galleries site to promote the importance of mental health awareness in the workplace.

Aggreko chairman Ken Hanna is to join the board of Interserve as a non-executive director and chairman of its equipment services business RMD Kwikform. The support services, construction and equipment group said Ken will bring valuable international experience, with financial and leadership exp

Interserve has announced the appointment of Mark Morris as its new chief financial officer. Effective from September 1, this appointment follows the previously announced decision by Mark Whiteling to step down to pursue his non-executive career.

Indursty turnaround veteran Alan Lovell has been appointed as the next chairman of Interserve Group. With an executive career including time spent at Tamar Energy, Infinis and Jarvis, Mr Lovell brings considerable expertise working across the construction and energy sectors.

Interserve has announced several appointments to its senior management team as part of a wider reorganisation and strategy update of its Paragon and London and South East Fit-Out businesses.

Interserve has announced the resignation of its chief financial officer Mark Whiteling. Mr Whiteling, who joined the company from Premier Farnell PLC in October 2017, will leave to pursue a career as a non-executive director, the firm said.

An investigation has been launched into the financial statements of Interserve. Accounting watchdogs at the Financial Reporting Council are to examine audits by Grant Thornton for the three years from 2015.

The client which removed Interserve from a contract to deliver an energy from waste plant in Glasgow has doubled the provision on its £72 million claim against the contractor. Waste company Viridor revealed this morning it had doubled the provision against its full settlement total f

Interserve has been bought out of administration by a consortium of its lenders. The contractor filed for administration on Friday after shareholders voted down a deleveraging plan put forward by the Board to rescue the firm.

Interserve was handed £660 million worth of public contracts in the months before facing collapse, the GMB Union has claimed. The construction group was forced through a pre-pack administration at the weekend after its largest shareholder, the US hedge fund Coltrane, opposed restructuring

Interserve is preparing to go into administration after financial restructuring plans drawn up by the company’s lenders were today rejected by its shareholders. A vote on the Board’s restructuring plan was held at an emergency meeting of shareholders.