Business
Chief Financial Officer succession
Kier Group plc announced that Chief Financial Officer Simon Kesterton will step down on December 31, 2025, after six years, and Tom Hinton, currently Interim Chief Executive of Wincanton, will succeed him on January 1, 2026. Kesterton's departure terms include payment in lieu of notice, a pro-rated annual bonus, and the vesting of outstanding deferred bonus share awards and LTIP awards, subject to performance targets. Hinton brings extensive financial and corporate experience from previous roles at Wincanton, Infinis Energy, Domestic and General, and WE Soda Limited. Disclaimer*
About this update from Kier Group Plc
[{"type":"text","content":"\n\n2 December 2025\nKier Group plc\nChief Financial Officer succession\n \nKier Group plc (the \"Group\" or \"Kier\" or \"Company\") announces that Simon Kesterton, Chief Financial Officer (\"CFO\"), will be stepping down from the Board on 31 December 2025, after six years.\nTom Hinton, currently Interim Chief Executive of Wincanton, will be appointed to succeed Simon as CFO and a Director of Kier on 1 January 2026.\nMatthew Lester, Chairman of Kier, said:\n\"On behalf of the Board, I would like to thank Simon for his outstanding leadership in supporting the delivery of Kier's strategic transformation over the past six years, as well as maintaining strong financial discipline across the business.\nHe leaves behind a great team that will continue to support the delivery of our strategy. We wish him the very best in his future endeavours.\"\nSimon Kesterton, CFO of Kier, said:\n\"When I joined Kier, there was a lot to do, but I saw great businesses with great people and the opportunity to deliver something special. I'm incredibly proud of what we've achieved at Kier and for restoring trust and confidence in the Group. After six great years, and working with such a fantastic team, the time feels right to pass the baton and to move on to my next challenge.\"\nStuart Togwell, Chief Executive of Kier, said:\n\"I would like to thank Simon for his major contribution to Kier's success. Kier today is very different to the company he joined and he has played a pivotal role in strengthening our balance sheet and delivering our medium-term value creation plan. I wish him every success in the future.\nWe are delighted that Tom will be joining us as CFO in January. Tom has extensive financial and corporate experience and is extremely well-placed to support the ambitions we have set for Kier, and to continue to generate growth and deliver value for all our stakeholders.\"\nTom Hinton said:\n\"I am delighted to be appointed as Kier's next Chief Financial Officer. I see huge opportunities ahead for the Group and I am looking forward to working with the team and all of Kier's stakeholders to continue to build sustainable success and make a meaningful, lasting impact.\"\nTom Hinton is currently Interim Chief Executive and, previously, was Chief Financial Officer of Wincanton. Wincanton, now a part of GXO, is a leading UK logistics supply chai...