Kier announces CFO transition as Simon Kesterton steps down after six years

Kier has announced that its chief financial officer, Simon Kesterton, will step down at the end of the year after six years with the Group. Simon, who also serves as an executive director on the Kier Group Board, has been a central figure in the company’s transformation, playing a key role in strengthening the balance sheet and delivering major improvements across IT and procurement.

The company has confirmed that Tom Hinton, currently Interim Chief Executive and formerly CFO of supply chain specialist Wincanton, will take on the role of chief financial officer from January. Tom brings extensive experience in financial strategy, disciplined capital allocation and growth delivery, with previous senior positions at Infinis Energy plc and Domestic & General Ltd.

Simon Kesterton said:
“When I joined Kier, there was a lot to do, but I saw great businesses with great people and the opportunity to deliver something special. I’m incredibly proud of what we’ve achieved at Kier and for restoring trust and confidence in the Group. After six great years, and working with such a fantastic team, the time feels right to pass the baton and to move on to my next challenge.”

Stuart Togwell, chief executive of Kier, said:
“I would like to thank Simon for his outstanding leadership in supporting the delivery of Kier’s strategic transformation over the past six years. Kier today is very different to the company he joined and he has played a pivotal role in strengthening our balance sheet and delivering our medium-term plan. We wish him every success in his next chapter.
I am delighted that Tom will be joining us. Tom has extensive financial and corporate experience and is extremely well-placed to support the ambitions we have set for Kier, and to generate new growth and value for all our stakeholders.”

Tom Hinton said:
“I am delighted to be appointed as Kier’s next Chief Financial Officer. I see huge opportunities ahead for the Group and I am looking forward to working with the team and all of Kier’s stakeholders to continue to build sustainable success and make a meaningful, lasting impact.”

In its November trading update, Kier confirmed a positive start to its 2026 financial year, with an order book of around £11.6 billion, up from £11.0 billion in June 2025, and 94 per cent of FY26 revenue already secured.

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