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Mark Reynolds to step down as Mace chief executive

Mark Reynolds is stepping down as chief government of Mace after greater than 12 years on the helm, amid an enormous governance shake-up on the tier one contractor.

Reynolds, co-chair of the Building Management Council (CLC), joined the agency as chief government in 2012 after serving as programme director for the London 2012 Olympic Video games. He took on the agency’s chairmanship in 2022.

He’ll stay as chairman, with group deputy chief government and Mace Seek the advice of chief government officer Jason Millett stepping up in July to take over the chief government hotseat.

In an announcement, Reynolds mentioned: “Mace is now a really international drive; and our success over the previous few years securing a few of the world’s largest programmes displays that.

“With scale comes duty, and we should guarantee we’re ruled successfully. These long-planned succession adjustments are part of that course of.”

Reynolds will proceed in his co-chair function on the CLC.

An announcement from the agency mentioned that Reynolds and Millett would work collectively over the subsequent six months to handle the transition, establishing main new governance constructions because the agency strikes to undertake the UK Company Governance Code.

This reorganisation will even see Mace appoint new chief executives for its consulting and building arms.

Mace Assemble chief government Gareth Lewis will step down in July, and will probably be changed by present chief working officer Andrew Jackson.

In the meantime, Davendra Dabasia will transfer up from her present chief working officer function at Mace Seek the advice of to move that division, changing incumbent Millett.

Mace mentioned the adjustments at Mace Seek the advice of are geared toward rising income to greater than £1.2bn by 2030, pushed by abroad work.

The agency will even appoint 4 non-executive administrators to a brand new group board from January 2025:

  • Dame Alison Nimmo, beforehand chief government on the Crown Property.
  • Nina Bjornstad, who has labored in senior roles at massive tech corporations together with Google and Microsoft.
  • Eric Hageman, chief monetary officer of Swedish telecommunications firm Telia.
  • John Coghlan, at present a director of serviced workplace agency Landmark.

All 4 will be a part of Reynolds, Millett and Mace chief monetary officer David Allen on the brand new group board, whereas the present board will stay because the group government committee.