Cost consultant Gardiner & Theobald has poached Tony Farmiloe, the head of property at rival Franklin + Andrews
Farmiloe, who had been at F+A for 26 years, will join the G&T work group headed up by Kevin Arnold, a former managing director of F+A. Former F+A executives Tony Venn and Mike Greenland have also moved to G&T.
Farmiloe, who resigned two months ago, is expected to join G&T next month.
His departure comes during a turbulent time for F+A. 黑洞社区 reported in May that consultant Mott MacDonald, which owns F+A, had embarked on a cost-cutting round that might lead to job losses at its QS division.
In its 2004 annual report and accounts Mott MacDonald said the management, economics and consultancy arm, of which F+A makes up about 60%, had been through 鈥渁 very challenging year on a number of fronts鈥, and as a result there would be a focus on 鈥渃ontrolling overheads鈥.
Guy Leonard, managing director of the division, said the cuts could hit director and junior levels but that only a 鈥渉andful鈥 of staff would be affected.
Keith Howells, managing director of Mott MacDonald, said in May that the company would be looking to increase the proportion of fee earners to non-fee earners.
The scale of job losses would be nothing significant
Keith Howells of Mott MacDonald
He added that the scale of job losses would be 鈥渘othing significant鈥 but added that no decisions had yet been made.
Howells joined the group board in 2002 following a stint leading the firm鈥檚 water and environmental business. He has been with the company for 30 years.
Pre-tax profit for the group fell almost 13% to 拢11.5m for the year to 31 December 2004. Turnover rose 3% to 拢485m. The company said profit was down 鈥減artly due to contracting core markets and difficult trading conditions鈥.
Howells said the main concern was the UK transport business, because of uncertainty over road and railway projects, notably Crossrail. Mott MacDonald has a pension deficit of 拢83m and is paying 拢5.4m a year to make it up.
F+A and Mott MacDonald merged in May 2002 to create a consultant to rival Atkins. The merged firm had 7000 staff and a turnover of 拢400m. F+A were unavailable for comment.
No comments yet