News on 10 January 2001
Amey intends to re-structure the company in the spring to prepare for growth and development. Since 1998, the group has operated in a divisional structure and the company says that while this has been highly beneficial, the transition is now complete. The board believes Amey’s current and future opportunities will be better served with a change in structure.
The re-structure, to begin in April this year, is to focus more closely on the market segments in which it operates and is designed to reduce operating costs over time. The business process outsourcing and infrastructure management and maintenance activities is also to be re-focused into market-facing segments covering defence, local authorities, education, health, utilities and media. Asset, fleet and technology services however are to remain as separate business centres.
The board also announced that Mike Pilbeam, managing director of the business process outsourcing division, is to resign and take up a role with another company.
Brian Staples, chief executive of Amey, said: "We have enjoyed a period of strong growth under the existing structure which has seen the group firmly established as a leading support service provider. The scale of opportunities in front of us clearly indicates that the time is now right for the group to adopt a structure which will enable it to continue, and indeed accelerate, its development in the future."
