Galliford Try names Prothero as chief executive

Galliford Try has appointed Graham Prothero as its new chief executive with immediate effect.

He succeeds Peter Truscott, who is leaving the business to join housebuilding company Crest Nicholson.

Prothero, who joined Galliford Try as group finance director in 2013, played a key role in last year's successful rights issue in relation to the Aberdeen Western Peripheral Route project as well as the strategic development of the Partnerships business.

Following the group’s record performance in the recent half-year results in February, Prothero has been tasked with maintaining the company’s progress towards the 2021 strategy.

Galliford Try also announced that Andrew Duxbury, who joined as group financial controller in March 2012, will replace Prothero as group finance director,

"I am tremendously proud and honoured to have been given the chance to lead our great business, and I thank the board for giving me this opportunity," Prothero said.

"The outlook for Galliford Try is exciting as we continue our strategy towards 2021 and I am looking forward to working with Andrew, the other executive directors and the board, and continuing to make good progress across all three of our businesses.”

He added: “For me, people are the key to our success and I have a personal commitment to ensuring Galliford Try is an employer to be proud of, and a great place to develop a career.”

Galliford Try chairman Peter Ventress said: “As a board, we are pleased that our strategic succession planning has enabled us to make a smooth transition both for the role of CEO and that of finance director. We take succession planning very seriously and are delighted that our efforts in this area have paid off so well.”

He added: “On behalf of the board, I thank Peter for his contribution to the group and wish him well for the future. I congratulate Graham and Andrew on their new roles and look forward to working with them and the team to deliver our ambitions.”