Summary
Andrew Wyllie CBE FREng (born December 1962) is a Scottish civil engineer who was chief executive of the UK-based Costain Group from 2005 until stepping down on 7 May 2019. In November 2018, he became the 154th president of the Institution of Civil Engineers.
Career edit
Wyllie grew up in Scotland, being educated at Dunfermline High School and the University of Strathclyde,[1] graduating in 1984 with a BSc in civil engineering.[2]
Wyllie began his construction career as a graduate engineer at Taylor Woodrow in 1984, working in Saudi Arabia, Ghana and the Falkland Islands,[2] and gained an MBA from the London Business School in 1993. After a three-year spell in business development at Taylor Woodrow, he became operations director of the firm's Africa division in 1996. In 1999, he was appointed a director of Taylor Woodrow Construction, of which he became managing director, aged 38, in July 2001.[3] After four years in that role, he was appointed chief executive of the Costain Group in 2005,[4] taking office in early 2006.
He helped stabilise the then financially struggling business, which finished 2006 by issuing profits warnings and cancelling dividends.[5] It finished 2006 with a pre-tax loss of £61.7m, by which time Wyllie was refocussing Costain on larger clients and pushing through a rights issue in 2007.[6] In March 2019, Costain announced Wyllie would be stepping down as CEO on 7 May 2019,[7] to be succeeded by Alex Vaughan.[8]
In December 2017 it was confirmed Wyllie would succeed Robert Mair as president of the Institution of Civil Engineers,[9] and in November 2018, he became the ICE's 154th president.[10]
A fellow of the ICE, Wyllie is also a fellow of the Royal Academy of Engineering (elected 2009),[11] the Institute of Directors and the British-American Project. He is a member of the Infrastructure Board of the Confederation of British Industry and a companion of the Chartered Management Institute.[12]
From April 2009 to March 2017 Wyllie was a non-executive director of Scottish Water, and, since September 2017[2] has been a non-executive director of Yorkshire Water.[13]
Honours edit
Wyllie was appointed a CBE for services to construction and engineering in the 2015 New Year Honours.[1]
References edit
- ^ a b "Andrew Wyllie Receives CBE In New Year's Honours". Costain. Retrieved 24 January 2019.
- ^ a b c Hansford, Mark (15 November 2018). "Thinking Ahead: presidential interview with Andrew Wyllie". New Civil Engineer. Retrieved 28 February 2019.
- ^ "Builder's second new boss". Liverpool Echo. 19 July 2001. Retrieved 24 January 2019.
- ^ Richardson, Sarah (30 October 2009). "Costain's Andrew Wyllie: Who wants to be glamorous anyway?". Building. Retrieved 24 January 2019.
- ^ Attwood, Karen (19 December 2006). "Costain shares tumble 27 per cent after it issues profits warning". The Independent. Archived from the original on 7 May 2022. Retrieved 24 January 2019.
- ^ Shelley, Toby (12 September 2007). "Costain confirms rights issue plans". Financial Times. Retrieved 24 January 2019.
- ^ Prior, Grant (6 March 2019). "Andrew Wyllie to retire from Costain after 14 years at helm". Construction Enquirer. Retrieved 6 March 2019.
- ^ Lester, Ahren (7 May 2019). "Costain Confirms Trading In Line As New Chief Vaughan Takes Helm". MorningStar. Archived from the original on 7 May 2019. Retrieved 7 May 2019.
- ^ "Costain boss Wyllie confirmed as next ICE President". New Civil Engineer. 13 December 2017. Retrieved 24 January 2019.
- ^ Nguyen, Anh. "Costain CEO Andrew Wyllie becomes the 154th president of ICE". Institution of Civil Engineers. Retrieved 24 January 2019.
- ^ "RAEng List of Fellows". Archived from the original on 2 July 2019. Retrieved 7 March 2019.
- ^ "Management". Costain. Retrieved 24 January 2019.
- ^ "Yorkshire Water Services appoints Andrew Wyllie as non-executive director". Yorkshire Post. 17 July 2017. Retrieved 24 January 2019.