Skanska CEO Mike Putnam hands reins to Gregor Craig as he steps down to focus on new challenge

After more than 25 years at Skanska UK, chief executive Mike Putnam has stepped down.

Having spent the last seven years as president, Putman is standing down with immediate effect to concentrate on building a portfolio of non-executive directorship positions.

He hands over the president and CEO responsibilities to Gregor Craig but will continue to work with Skanska UK in a non-executive capacity.

During his time heading up Skanska’s UK business, which included the fallout from the global financial crisis, Putnam led the company to deliver stable, industry-leading results.

He personally and passionately championed Skanska’s values such as green, diversity and inclusion, and health, safety and wellbeing, both within the company and across the UK construction industry. This has been recognised through his appointments as co-chair of the government’s Green Construction Board and as a member of the Construction Leadership Council.

Having joined Skanska in 2003, Craig joined the firm's Executive Management Team in 2015 and has responsibility for both infrastructure and building operations.

Anders Danielsson, Skanska AB executive vice president, said: “I would like to thank Mike for his great contribution to Skanska over many years. He has decided that he wants to move to the next stage of his career and we wish him well.”

Mike Putnam said: “I have thoroughly enjoyed my time leading an amazing organisation, with amazing people. I am very proud of the inclusive and caring culture we have created over the last few years, which I believe is unique in the UK. I am also excited about the next phase of my career, while maintaining strong links with Skanska.”

Greg Craig said: “I am incredibly proud and excited to be given the opportunity to lead Skanska UK. We have built a great reputation within the industry and we are brimming with hard-working, ambitious and talented people. Even with our current industry-leading performance, I believe that we have still more potential to demonstrate to our customers and I look forward to playing my part to unleash it.”

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