Laing O’Rourke said when he joined in October 2014 it was only ever intended to be a short-term position and now has been an appropriate time by both sides for him to move on.
Paul Sheffield had previously spent 31 years with Kier, including four as chief executive.
While at Laing O’Rourke, Mr Sheffield concentrated on strategy as well as legacy projects in the UK that have now been completed.
“The business plans to 2020 are now complete and our vision to 2025 is well advanced and will be ratified in April/May this year,” the company said in a statement.
Chairman Ray O’Rourke said: “Paul and I feel that now is an appropriate time for him to step off and make way for others currently in the business with longer horizons.
“I would like to personally thank Paul for his tireless efforts and dedication over the past three years. His leadership has been instrumental in ensuring the business is now on track to grow safely and profitably in the coming years.”
Paul Sheffield said: “Laing O’Rourke’s client base, technical capability and opportunity to excel across a broad range of major projects, puts the business in a lead position within our industry. Delivering for clients is at the core of the Laing O’Rourke business ethos. I know the leadership teams in place across the business will continue to ensure that clients’ commitments are delivered with certainty.”
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