Chairman Succession

Stuart Vaughan and Tim Lohmann

Balfour Beatty plc, the international infrastructure group, is pleased to announce that Charles Allen, Lord Allen of Kensington, CBE, will be appointed as the next Chairman and a Non-Executive Director of the company.

Lord Allen has extensive corporate experience across a range of sectors, most notably in support services and media.

His previous positions include Chair of ISS AS, Executive Chair of EMI Music, Chief Executive of ITV plc, Chief Executive of Compass Group and Chief Advisor to the British Home Office. He sits in the House of Lords and currently holds positions as Advisory Chairman, Moelis & Company and Chairman of Global Media and Entertainment.

Philip Aiken, Balfour Beatty Chair, said: “I am pleased to welcome Charles Allen to Balfour Beatty. He brings to our Board a wealth of experience of international companies, a range of sectors and Government.”

“It has been a privilege to be part of Balfour Beatty over the last six years of significant progress. I wish all those who work with and for the Group the very best for its continued success.”

Lord Allen said: “It is a good time to be joining Balfour Beatty, there are significant opportunities for the company to continue to develop in its chosen markets. I am looking forward to working with the Board and the management team to continue to create and deliver value to all stakeholders.

The Company confirms that there is no further information about Lord Allen requiring disclosure under paragraph 9.6.13 (2) to (6) of the Listing Rules of the Financial Conduct Authority.

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