David Fison Replaced as Head of Skanska UK

Skanska UK has replaced its chief executive David Fison following problems in its UK PPP division - write-downs now run to £48m this year.

The Swedish parent decided it needed to make a change at the top to get to grips with project processes and procedures.

Fison joined the group in 1998 and stepped up to the top post as chief executive of Skanska UK following the departure of Keith Clarke in 2001.

Fison's post has been handed to Mats Williamson.

Williamson's previous positions within Skanska include that of project executive on the Oresund Bridge between Denmark and Sweden.

During May and June of this year, Skanska conducted a second review of Skanska UK's construction projects in the PPP sector and this resulted in further project write-downs.
The group decided that it also showed that Skanska UK's internal processes and procedures relating to PPP projects needed to be improved.

Web: http://www.skanska.co.uk