Costain names new chief executive to replace departing Andrew Wyllie

By Will Ing2019-03-06T08:37:00

Wyllie will leave in May after 14 years running the business

Costain has named a new chief executive as Andrew Wyllie resigns after 14 years heading up the firm.

The contractor made the announcement with its full year results for 2018, which showed the firm made a marginally-reduced pre-tax profit of £40.2m despite a 13% reduction in turnover.

From 7 May Costain will be led by Alex Vaughan, the current managing director of the group’s natural resources division.

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