Carillion is pleased to announce that Alan Lovell has been appointed a non-executive director of the Company with effect from 1 November 2017. Alan will serve on the Audit, Remuneration, Nomination, Sustainability and Business Integrity Committees.
Alan Lovell’s extensive executive career has included several Chief Executive roles, including Infinis Limited, Costain Group plc and Jarvis plc. These roles included working with companies at times of financial stress and in turn around.
He is currently Chairman of the Consumer Council for Water, Flowgroup plc and the Association of Lloyd’s Members (ALM). Alan is a Deputy Lieutenant of Hampshire, Chairman of the Mary Rose Trust, Chairman of the Board of Governors of Winchester University and a Trustee of Winchester Cathedral.
Commenting, Carillion Chairman Philip Green said, “We are very pleased that Alan Lovell has joined the Board. He has very relevant experience of the challenges currently faced by Carillion and I look forward to his contribution as we move forward with our disposal and cost saving programmes while continuing our discussions with our lenders and other stakeholders to explore further ways of strengthening Carillion’s balance sheet”.
Alan Lovell was previously an executive director of Conder Group PLC which went into receivership in September 1992.