Gordon Dunne replaced as MD of subcontractor’s concrete business
Keltbray has parted company with the boss of its £100m turnover concrete business Gordon Dunne.
The 51-year-old joined the firm two years ago when Keltbray picked up some of the assets of Dunne’s collapsed concrete business Dunne Group.
Building understands that Dunne left yesterday morning (Wednesday) and has been put on six months gardening leave.
In a statement, Keltbray said: “We wish to announce that Keltbray has accepted the resignation of Mr Gordon Dunne, MD of Keltbray Structures.
“Mr Dunne will now be on gardening leave until the expiry of his notice period. In the interim, Andy McClafferty, Keltbray Structures COO, will assume the role of MD, to ensure that our clients continue to receive the high quality support they’ve come to expect.”
Last December, Dunne was ordered by the High Court to stump up £4m to Multiplex.
The firm, which was based at Bathgate in Scotland, was working on nine projects for Multiplex, including 100 Bishopsgate in the City and the One Blackfriars residential scheme (pictured) at the bottom of Blackfriars Bridge but ran into cashflow problems towards the end of 2015. It went bust the following summer with the loss of more than 500 jobs.
Multiplex advanced Dunne Building and Civil Engineering £3m in January 2016 with parent company Dunne Group and Gordon Dunne himself acting as guarantors. A further £1m was advanced the following month.
It is understood that Dunne agreed to pay Multiplex an undisclosed figure.