15th Oct 2014 05:43
LONDON (Alliance News) - Balfour Beatty PLC is understood to be set to name the chief executive of Qinetiq PLC as its new chief executive on Wednesday, Sky News reports.
The FTSE 250 construction group is set to name Leo Quinn as its new chief executive, weeks after calling off merger plans with rival Carillion PLC and in the wake of five profit warnings in less than two years.
Quinn has been at defence group Qinetiq since November 2009 and is the former chief executive of De La Rue PLC.
http://news.sky.com/story/1353137/struggling-balfour-beatty-picks-next-chief
By Sam Unsted; [email protected]; @SamUAtAlliance
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