Graham appoints long-serving finance chief as CEO following record financial performance

Construction and infrastructure contractor Graham has announced a leadership transition after reporting its strongest financial results to date, with annual turnover exceeding £1.2 billion for the first time in the company's history.

The privately owned business has appointed Courtney McCormick as its new Chief Executive Officer, succeeding Andrew Bill, who is retiring after more than four decades with the company.

McCormick, who has served as Group Chief Financial Officer for the past 12 years, will formally assume the role on 1 September, overseeing the next phase of the company's growth.

Record financial performance

The appointment follows a year of strong financial results for the contractor.

For the year ending 31 March 2026, Graham reported revenue of £1.23 billion, representing a 16% increase on the previous year. Pre-tax profit also rose sharply, increasing 42% to £36 million.

The company further strengthened its financial position during the year, with cash reserves climbing to £261 million, while net assets increased to £114 million.

The results reflect continued growth across multiple areas of the business, including building, civil engineering, interior fit-out, facilities management and investment operations.

Strong pipeline of major projects

Graham secured several significant contract wins during the financial year, helping to underpin its continued expansion across the UK and Ireland.

Among the most notable appointments were the £286 million Cambridge Halls redevelopment for Unite Students and Manchester Metropolitan University, as well as places on the Department for Education's £15 billion CF25 Framework and the Hospital 2.0 Alliance.

The contractor also secured the £71 million Central Docks Infrastructure Scheme at Liverpool Waters, reinforcing its position within the UK's major regeneration market.

In the highways sector, Graham was appointed to National Highways' £968 million Legacy Concrete Roads Reconstruction Framework, while its operations in the Republic of Ireland expanded following the award of the BusConnects Core Bus Corridor project in Dublin.

Leadership transition

The appointment of Courtney McCormick represents a continuation of the company's long-term leadership strategy, with the incoming Chief Executive already playing a central role in Graham's financial growth over the past decade.

Outgoing Chief Executive Andrew Bill leaves the business after more than 40 years, during which Graham expanded into one of the UK's largest privately owned construction and infrastructure companies.

Chairman Michael Graham paid tribute to Bill's contribution, saying he leaves the organisation in a strong position for the future.

Positioned for continued growth

With a healthy balance sheet, an expanding order book and a strong pipeline of public and private sector work, Graham enters the next financial year from a position of considerable strength.

The combination of record revenues, improved profitability and a smooth internal leadership transition provides continuity as the business continues to pursue opportunities across infrastructure, education, healthcare, transport and regeneration projects throughout the UK and Ireland.