City gives new Kier boss seal of approval

摘要

The City has welcomed the appointment of Paul Sheffield to the chief executive's job at Kier and said it did not expect a major break with the past.rnThe 26-year Kier veteran was announced as the £2.1bn-turnover group's new boss last week, replacing John Dodds, 64, who will retire next March.rnAn analyst at Numis Securities described it as "a logical choice". "He is not well known to the City, but we hold him in high regard. We don't expect this appointment to lead to a major departure from current strategy."