Simon Kesterton (pictured, left) will leave Kier at the end of the year, with Tom Hinton (pictured, right) to take over as chief financial officer (CFO) from January.
Kesterton has been part of the executive team and a director on the Kier Group board, where he worked on transforming the company and strengthening the balance sheet.
Hinton is currently interim CEO and was previously CFO at Wincanton.
He has experience in financial strategy, cost management, and capital allocation.
Before Wincanton, Hinton was group CFO at Infinis Energy plc and at Domestic and General Ltd.
Hinton said: “I am delighted to be appointed as Kier’s next Chief Financial Officer.
“I see huge opportunities ahead for the Group and I am looking forward to working with the team and all of Kier’s stakeholders to continue to build sustainable success and make a meaningful, lasting impact.”
Kesterton said: “When I joined Kier, there was a lot to do, but I saw great businesses with great people and the opportunity to deliver something special.
“I’m incredibly proud of what we’ve achieved at Kier and for restoring trust and confidence in the Group.
“After six great years, and working with such a fantastic team, the time feels right to pass the baton and to move on to my next challenge.”
Stuart Togwell, CEO of Kier, said: “I would like to thank Simon for his outstanding leadership in supporting the delivery of Kier’s strategic transformation over the past six years.
“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 plan.
“We wish him every success in his next chapter.”
Togwell added: “I am delighted that Tom will be joining us.Tom has extensive financial and corporate experience and is extremely well-placed support the ambitions we have set for Kier, and to generate new growth and value for all our stakeholders.”
