LONDON (Reuters) - British infrastructure group Balfour Beatty
The company said in a statement on Monday that McNaughton would succeed Tyler on March 31. Tyler, who has run Balfour since 2005, will remain with the company until April 30 to ensure a smooth transition.
"We have a strong company and are in a good position to meet the short term market challenges and take advantage of the longer term opportunities," McNaughton said in the statement which did not give a reason for Tyler's departure.
(Reporting by Brenda Goh)
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