Costain hires former Amey boss

Costain has hired two non-executive directors, including the former chief executive of Amey.

Steve Mogford and Amanda Fisher are set to join Costain’s board on 1 November and 1 December respectively, and will serve as members of the contractor’s audit, nomination and remuneration committees.

Fisher ran Amey from 2019 until January 2023, when she departed following the company’s £400m sale from Ferrovial to One Equity Partners and Buckthorn Partners. Ferrovial credited Fisher with overseeing a “cultural transformation” and “successfully” preparing the business for sale.

Mogford was chief executive of United Utilities, the water company covering the North West of England, between 2011 and 2023. He is also a former chief operating officer of BAE Systems and was a non-executive director at Carillion between 2006 and 2015.

The duo replace Costain non-executives Jacqueline de Rojas and Neil Crockett, who will stand down at the end of the month.

Costain chair Kate Rock said: “The board is delighted to welcome Steve and Amanda to Costain. Both bring a wealth of experience in key markets, including energy, water, highways and rail.

“They have driven improved profitability and increased market share [at their respective businesses], and I look forward to working with them to support the growth we expect in Costain’s operating profit and margins.

“I would like to thank Jacqueline and Neil for their considerable contributions to Costain and guidance to the board over the course of their tenures. Both have provided significant advice and insight, supporting the group’s strategy for growth.”