Wates appoints Interim Chief Financial Officer

The Wates Group, the leading privately-owned UK construction, property services and development company, has today announced the appointment of Rod Holdsworth as Interim Chief Financial Officer (CFO).

Rod, whose most recent executive position was as Group Finance Director for the family-owned, international facilities management group, OCS, replaces David Allen, who has assumed the position of Acting Chief Executive following the departure of former Chief Executive Andrew Davies on 10 November.

Rod Holdsworth

Wates Interim CFO, Rod Holdsworth

We are delighted to welcome Rod to the Wates Group. As an experienced CFO who has worked in private and listed companies in several industries including construction, business services, manufacturing and healthcare, Rod is ideally qualified to help guide us through this current period of transition.

 

“Rod joins a business on a strong financial footing, which is performing well this year and looking ahead to 2018 with confidence. I look forward to working with him and the whole Executive Committee over the coming months as we continue to fulfill our long-term growth strategy.”

 

James Wates CBE, Chairman of the Wates Group

Rod Holdsworth began his career as a civil engineer before training as a chartered accountant with Price Waterhouse. After qualifying, he moved to Smiths Group plc, where he held a number of senior financial positions.  He then joined Alfred McAlpine plc as Group Financial Controller, before becoming Finance Director at Whitby Bird (engineering consultants) and then Finance Director of Morrison (part of Anglian Water Group plc).

Rod is also a Non-Executive Director and chair of the audit committee at Augean plc, a specialist waste management group.