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Colas finance chief joins Tolent




North East contractor Tolent has appointed former Colas financial chief Mark Overton.


Overton replaces as financial director, Andy Clark who leaves the business after 26 years in post.


He brings a decade’s worth of experience at £300m Colas, having become CFO three years ago.


Overton said: “I feel very privileged to be taking on the role of CFO for Tolent. I am really looking forward to this new adventure and very keen to know more about Tolent, its team, and its projects.”


Paul Webster, chief executive officer, said: “We are thrilled to have someone of Mark’s calibre join our organisation.


It’s certainly been a very challenging couple of years for the whole industry and I am confident that Mark’s appointment to our executive board will provide us with strength and stability long into the future.”


Despite reporting losses of £8.5m in 2020, Tolent set a record turnover of £184m and has built a strong order book of secured workload for 2022 and 2023.


The firm recently celebrated a string of contract wins including the development of 132 eco-homes at the Vaux Brewery site in Sunderland while breaking ground at a £40m residential tower at Brett Wharf, Gateshead.


(Original source: https://www.constructionenquirer.com/2022/02/07/colas-finance-chief-joins-tolent/)

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