Keller Group PLC Appointment of Chief Financial Officer (8652X)
03 September 2020 - 8:00AM
UK Regulatory
TIDMKLR
RNS Number : 8652X
Keller Group PLC
03 September 2020
For immediate release 3 September 2020
Keller Group plc
Appointment of Chief Financial Officer
Keller Group plc ("Keller" or "the Group"), the world's largest
geotechnical specialist contractor, announces the appointment of
David Burke as Chief Financial Officer with effect from 12 October
2020. David will also join the Board and the Executive Committee as
at that date.
David joins Keller from J. Murphy & Sons Limited, a leading
international specialist engineering and construction company with
turnover of GBP900 million and 3,500 employees, where he has been
Chief Financial Officer since 2016. Previously, he had a
progressive career at Serco Group plc over 12 years, including four
years as Chief Financial Officer for AMEAA (Africa, Middle East,
Asia and ANZ region) headquartered in Delhi, India, and concluding
as Chief Financial Officer of Serco's UK Central Government
Division, with turnover of GBP1.6 billion and 10,000 employees. He
has a track record of driving business performance and change in
the construction and services sectors across varied cultures and
geographies including Europe, the Middle East, the Americas and
Asia.
Details of David's remuneration package are set out in the notes
below.
Michael Speakman, Chief Executive Officer, commented:
"We are delighted that David is joining us as Chief Financial
Officer. He is a highly experienced finance executive who brings
considerable understanding of the operational and commercial
environment in which Keller does business. We are looking forward
to working with David and welcome him to the Group.
On behalf of the Board, I would like to express my sincere
appreciation for the very material contribution that Mark Hooper
has made during his interim appointment as Chief Financial Officer
over a period of significant challenge to our business."
David Burke said:
"I am very pleased to be joining Keller whom I have long admired
as the world's leading geotechnical specialist. I look forward to
bringing my experience to bear as we navigate through the
challenges and opportunities of the sector in these unprecedented
times."
There is no additional information required to be disclosed
pursuant to paragraph LR9.6.13R of the Listing Rules of the
Financial Conduct Authority .
For further information, please contact:
Keller Group plc www.keller.com
Michael Speakman, Chief Executive Officer
Victoria Huxster, Co-Head of Investor
Relations
Caroline Crampton, Co-Head of Investor
Relations 020 7616 7575
FTI Consulting
Nick Hasell / Matthew O'Keeffe 020 3727 1340
Notes to editors:
Keller is the world's largest geotechnical specialist contractor
providing a wide portfolio of advanced foundation and ground
improvement techniques used across the entire construction sector.
With around 10,000 staff and operations across six continents,
Keller tackles an unrivalled 7,000 projects every year, generating
annual revenue of more than GBP2bn.
David Burke's remuneration package:
David Burke's salary package meets the criteria set out in the
Company's approved remuneration policy and is as follows:
-- Base pay: salary GBP375,000; pension 7% salary; car allowance GBP18,000
-- Performance related pay: annual bonus up to 150% salary
(max); long term incentive plan normal awards of 125% of base
salary per annum, commencing 2021
No buy-out of existing incentive arrangements is required.
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END
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