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Murphy Appoints New Chief Financial Officer

Murphy has appointed David Burke as its new Chief Financial Officer, taking responsibility for the firm’s financial control, planning and reporting.

Burke joins the world class infrastructure company from Serco Group plc where he held various senior financial roles for more than 12 years, most recently as global finance transition director, where he led on the development and introduction of a new finance operating model.

Previously, he managed the design, build and operation of the global finance shared-service centre, taking on operational finance director roles for the consulting and Indian company, while also having been divisional chief financial officer for the AMEAA region (based in India) and UK Central Government Division. His earlier career included professional financial roles with Barclays, Citibank and KPMG.

Chief executive officer at Murphy, Steve Hollingshead, commented: “This appointment further boosts our senior management team, to effectively deliver the commitments laid out in our ten-year business plan.

“David becomes a key member of our executive management board, reporting directly to me.  I look forward to working closely with him to increase our turnover to £2bn by 2025, as we continue to focus on our key sectors of power, water, rail and natural resources”.

Meanwhile, Burke said: “I am extremely pleased to join Murphy, having been impressed with how progressive the company is, with clear direction for the future and its growth. I look forward to using my experience to create additional value for the business”.

Burke joined Murphy on 3 October 2016.

Meanwhile, J Murphy & Sons Chief Executive Steve Hollingshead has outlined his plans to double the size of the company over the next 10 years.

Hollingshead, who spent 24 years in senior positions at Laing O’Rourke, is planning to target main infrastructure markets using the contractor’s largely direct labour model.

Unveiling the steady growth plan he said: “The strong operating performance across our business gives us the confidence to invest, building a platform for us to double in size over the next ten years.

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BDC 316 : May 2024