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Change at the top as Pascall + Watson chief retires

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Transport specialist Pascall + Watson has appointed Steve West to replace outgoing managing director Phil Holden

Holden, who is set to retire at the end of April, spent 13 years at the helm of the company, during which time he saw the practice move up from 43rd in the AJ100 rankings in 2002 to a peak of 12th in 2013.

However the aviation expert has since slipped back down the league table (30th in 2014) and recently released figures for the year ending April 2014 show that the company’s profit fell from £958,753 in 2013 to just over £143,000 [see below]

Even so its global revenue has remained steady, dipping only slightly from the £16.83million made in 2013 to £16.49million last year.

West, who joined Pascall+Watson in 1992, led design teams on a raft of major UK infrastructure projects in recent years including the £4.3bn Terminal 5 at Heathrow Airport.

Commenting on his promotion, West said: ‘Under Phil’s leadership, we’ve grown into a successful international organisation with a diverse portfolio of work. Our opportunities to build upon this have never been greater; our transportation sector both in the UK and abroad is flourishing and recent successes in education, hotels and commercial give us a great platform for growth.’

Previous story AJ 18.02.15

Pascall + Watson blames bidding costs for large profit drop

 

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