City unruffled by 'surprise'exit of Balf our Beatty boss

摘要

The surprise announcement this week that Balfour Beatty chief executive Ian Tyler is to step down left the City relatively unmoved, with the ￡11bn turnover firm's share price remaining stable and analysts welcoming the appointment of Andrew McNaughton in Tyler's place.In a statement on Tuesday (8 January) the UK's largest contractor said that McNaughton - who is currently deputy chief executive and chief operating officer - would take the reins from 31 March.