Leighton Holdings has outlined a new strategic plan which will see the contractor establish a single, dedicated construction business, alongside mining, public private partnership (PPP) and engineering divisions. The company said it was considering the future of its services, property and John Holland businesses. The news came as chairman and non-executive director, Bob Humphris, retired from his post. The role of chairman has now been taken by CEO Marcelino Fernandez Verdes from parent company Hochtief. He has been CEO since March when Hochtief dismissed the existing Leighton management and launched a bid to increase its stake in Leighton from 58.77% to 73.82%.
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