{"id":609,"date":"2018-11-20T07:43:20","date_gmt":"2018-11-20T07:43:20","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=609"},"modified":"2018-11-20T07:43:20","modified_gmt":"2018-11-20T07:43:20","slug":"byrne-group-fd-steps-down","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/byrne-group-fd-steps-down\/","title":{"rendered":"Byrne Group FD steps down"},"content":{"rendered":"

Byrne Group finance director Daren Harris has left the business after three years at the formwork specialist.<\/p>\n

Harris played a significant role in helping to steer the group through a major restructuring process and saw the firm return to profit last year after several years of losses.<\/p>\n

He also played a part in establishing the strategic partnership with South African\u00a0construction group Wilson Bayly Holmes Ovcon, which\u00a0invested \u00a312m in June 2017 for a 40% stake in the business.<\/p>\n

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The strategic investment strengthened Byrne\u2019s balance sheet enhancing the firm\u2019s ability to secure work.<\/p>\n

Since WBHO extended its interest to take a majority stake in the group while at the same time also taking a controlling stake in North West contractor Russells Construction.<\/p>\n

Harris will not be\u00a0replaced under the present management structure.<\/p>\n

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Michael Byrne, chief executive at Byrne Group, said: \u201cThe strengthening of the group\u2019s activities and its financial position has meant that Daren\u2019s role has changed significantly from when he took up his appointment.<\/p>\n

\u201cI\u2019d like to thank Daren for his commitment to the group and being an integral part of our management team during a very challenging period.<\/p>\n

\u201cThe Group remains one of the most respected contractors in our sector and we continue to build a strong forward pipeline of new work.\u201d<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/2zrGCVp<\/p>\n","protected":false},"excerpt":{"rendered":"

Byrne Group finance director Daren Harris has left the business after three years at the formwork specialist. Harris played a significant role in helping to steer the group through a major restructuring process and saw the firm return to profit last year after several years of losses. He also played a part in establishing the […]<\/p>\n","protected":false},"author":1,"featured_media":149,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=609"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/609\/revisions"}],"predecessor-version":[{"id":610,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/609\/revisions\/610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}