David Allen, the compaȵy’s chief financial officer, hαs announçed that he will step down afƫer this tiɱe.
Allen claimed in April that he had informed Mace Construct’s CEO Jason Millett and Mark Reynolds that he wanted to spend more time with his family and friends.
He stated that he would continue to support Reynolds, Millett, Tony Arthurton, Mace’s chief financial officer, and the Mace Construct group.
After 32 years of full-time employment, the exit of Mace Consult, and much careful reflection, I’m thrilled to be opening a new chapter in my life, Allen wrote in a LinkedIn post this morning ( 19 June ).
I told Mark Reynolds CBE and Jason Millett that I wanted to spend more time with my wonderful family and friends, spend more time exercising ( hopefully faster ), play and enjoy music, and spend more time learning about our history and the other subjects I’ve always been passionate about ( which I’ll share more about when the time comes right )”
Allen will take over as time CFO, according to the company’s announcement this night.
Following Millett’s news to move down from his dual positions as Mace Group and Mace Construct, the announcement comes a month later.
After recently serving as Wates ‘ CEO, Allen became Mace’s chief financial officer in December 2022.
His departure comes after Mace Consult’s restructuring, which was completed as a result of the isolation of Mace’s consulting and design divisions.
Allen claimed that the decision was made in response to Mace Consult and Mace Construct’s” settings on their separate lines. “
Allen held the positions of chief financial officer, speaking chief executive, and chief executive before visiting Mace.
He was paid £992, 000 after leaving Wates as a result of “loss of business. “
Between 2009 and 2015, he also held the position of Crossrail’s financing producer.
Allen previously worked in finance for LaingO’Rourke Construction South and LaingO’Rourke’s German development companies.
Prior to joining Arthur Andersen, ⱨe worked for HSBC Invesƫment Baȵk, Accenture, and HȘBC.
Allen claimed that this was his second opportunity in the construction industry while working for LaingO’Rourke.
He claimed that the option” changed my life” and led to jobs on the Elizabeth Line, at Wates during the Covid crisis, and at Mace.
After a job that began at KPMG and spanned almost 20 years at Xerox, Arthurton became the party economic director of Mace in 2023 as the company’s UK business’s chief financial officer.
Origin: LinkedIn
