Amec director quits after 'clash' over division
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A DIRECTOR of Amec, the construction company, has left 'to pursue other interests' after a disagreement about the future style and direction of one of its divisions, writes Heather Connon.
Dennis Clark, who was chairman of its process and energy sector, was on a three-year rolling contract, so he could get compensation of up to pounds 345,000, based on his annual salary of about pounds 115,000. Amec said compensation had not been agreed.
The group would not comment on the reasons for his departure, but it is believed that he clashed with Sir Alan Cockshaw, Amec's chairman, over the running of the division.
Amec wants to expand its overseas process and energy business - which specialises in work for oil companies - overseas, with Indonesia and China particular targets. 'The question was, was he the right person to do it?' said a source close to the group.
He added that the departure did not mean that the results, due to be announced next week, would be disappointing. Nor was Mr Clark being blamed for problems with the Tiffany contract.
The departure surprised the City, however, which has always viewed Mr Clark as a good manager who appeared to know his business well. But encouraging results elsewhere in the building sector meant that the shares rose 6p to 121p.
He is being replaced by George Payne, commercial director of Amec.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments