Skanska UK has announced that, after more than 25 years with Skanska, the last seven as President and CEO, Mike Putnam has decided to move on to develop the next stage of his career, building a portfolio of non-executive directorship positions.

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

As part of the change, Putnam will continue to work with Skanska UK in a non-executive capacity, supporting the new President and CEO to take the UK business forward.

During his time heading up Skanska’s UK business, which included the fallout from the global financial crisis, Putnam has led the company to deliver stable, industry-leading results.

Craig joined Skanska UK’s Executive Management Team in 2015 and has had responsibility for both infrastructure and building operations. He 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.

Craig is also 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.