{"id":7750,"date":"2025-09-11T13:47:00","date_gmt":"2025-09-11T13:47:00","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=7750"},"modified":"2025-09-11T13:47:00","modified_gmt":"2025-09-11T13:47:00","slug":"mace-fitout-boss-exits-in-construct-restructure","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/mace-fitout-boss-exits-in-construct-restructure\/","title":{"rendered":"Mace fitout boss exits in Construct restructure"},"content":{"rendered":"<p data-start=\"142\" data-end=\"279\">Mace is streamlining its Construct business into three new divisions following the decision to offload its profitable consultancy operation to Goldman Sachs.<\/p>\n<p data-start=\"142\" data-end=\"279\">The restructure will see long-serving fitout boss Stewart Ward depart.<\/p>\n<p data-start=\"281\" data-end=\"468\">From January 2026, the \u00a32.1bn revenue Construct group will operate through three business units: Commercial; Infrastructure; and Public, Science and Technology.<\/p>\n<p data-start=\"281\" data-end=\"468\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"482425\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fbrilliantideasltd.co.uk%2Fnet-recovery-system%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/7175-BI---Safety-Net-Recovery-MPU_s2.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"281\" data-end=\"468\">These will be led by existing managing directors Ged Simmonds, Nigel Cole and Rob Lemming, respectively.<\/p>\n<p data-start=\"470\" data-end=\"708\">Fitout will be folded into the new Commercial arm, but Ward has opted to leave to pursue opportunities elsewhere.<\/p>\n<p data-start=\"470\" data-end=\"708\">Alister Grey will continue to lead data centre opportunities in the UK and Ireland under the Public, Science and Technology unit.<\/p>\n<p data-start=\"470\" data-end=\"708\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"501317\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fjagosteel.com%2Ftreadform-balustrades%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/jago Comp 1 3 (1).gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"710\" data-end=\"1081\">Chief executive Jason Millett said the changes followed a detailed review of the business.<\/p>\n<p data-start=\"710\" data-end=\"1081\">\u201cMace Construct is focused on remaining one of the UK\u2019s leading contractors, and following a considered process of review we are moving to a new operating model that will allow us to focus more on what we do best \u2013 contracting, construction management and specialist services.&#8221;<\/p>\n<p data-start=\"710\" data-end=\"1081\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"498213\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.ardenttide.co.uk%2Fcw%2FArticle-Seamless-Transition.html%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/atl-300-250.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1362\" data-end=\"1529\">He said Mace Construct was is on track for revenue and margin growth this year with major wins including 85 Gracechurch Street, the British Library and Euston Tower.<\/p>\n<p data-start=\"1531\" data-end=\"1694\">The restructure comes ahead of Mace Consult\u2019s separation from the group following a majority investment by private equity specialist Goldman Sachs Alternatives, expected to close later this year.<\/p>\n<p data-start=\"1531\" data-end=\"1694\">Several of Mace\u2019s shareholders, including executive chair Mark Reynolds and CEO Jason Millett, will retain a minority stake in Mace Consult and will work closely with Goldman Sachs Alternatives as members of the new Mace Consult Board.<\/p>\n<p data-start=\"1531\" data-end=\"1694\">Reynolds will be appointed as chair.<\/p>\n<p data-start=\"1531\" data-end=\"1694\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"494661\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fbrand-accesssolutions.com%2Fg-deck%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/brand image001.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1531\" data-end=\"1694\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"454840\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fforms.reg.buzz%2Fukcw-birmingham-2025%2Fconstruction-enquirer%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/UKCW25 300x250 2.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1531\" data-end=\"1694\">\n<p>from Construction Enquirer https:\/\/ift.tt\/ko8IVy6<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mace is streamlining its Construct business into three new divisions following the decision to offload its profitable consultancy operation to Goldman Sachs. The restructure will see long-serving fitout boss Stewart Ward depart. From January 2026, the \u00a32.1bn revenue Construct group will operate through three business units: Commercial; Infrastructure; and Public, Science and Technology. These will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":154,"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-7750","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\/7750","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=7750"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7750\/revisions"}],"predecessor-version":[{"id":7751,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7750\/revisions\/7751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=7750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=7750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=7750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}