Former Carillion chief executive Richard Howson has moved back into his previous role of chief operating officer while he completes a year’s transitionary period before leaving the company.
Howson, who stepped down with immediate effect as chief executive of the construction and facilities management group after a profit warning last month, is now responsible for operations, health & safety and sustainability programmes, according to Carillion’s website.
Howson had previously held the chief operating officer role between September 2010 and December 2011, before becoming group chief executive.
Howson lost his job as chief executive of Carillion last month when the board announced contract provisions of £845m and missed debt reduction targets. He was replaced on an interim basis by former Weir Group chief executive Keith Cochrane, who had been Carillion’s senior independent non-executive director since 2015.
Although he remains on what Carillion calls its leadership team, Howson no longer sits on the group board.
