The Board of nmcn PLC has announced that Group CEO John Homer has stepped down with immediate effect.
The Group Chairman, Robert Moyle has been appointed acting CEO until a permanent replacement is in post. Ian Elliott will assume the role of Chairman pro tem while Robert is acting CEO. The search for a new CEO will commence immediately.
The announcement came in a brief statement issued to the London Stock Exchange yesterday which said:
“ Current activity levels remain in-line with Board expectations, albeit with operational challenges and some additional costs that are impacting margins the Group may incur losses this year.”
Ian Elliott, Acting Chairman commented:
"We are fortunate in having someone of Robert's experience and knowledge of the business to step into the role with immediate effect."
In July this year Chief Financial Officer Daniel Taylor announced his intention to stand down to pursue alternative opportunities in related industries. Following the announcement on 24 July he resigned his post as Chief Financial Officer and has stepped down from the Board and remains an employee of the company until 30 September 2020.
With an 1,800-strong team, nmnc delivers major built environment and water industry projects across the UK and is currently delivering infrastructure and non-infrastructure projects for 10 of the largest national water sector companies.
The engineering and construction company now has 12 UK offices and four off-site manufacturing facilities.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.