{"id":36346,"date":"2016-11-29T16:43:22","date_gmt":"2016-11-29T09:43:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=36346"},"modified":"2016-11-29T14:03:23","modified_gmt":"2016-11-29T07:03:23","slug":"arabtec-appoints-new-chief-executive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-appoints-new-chief-executive\/","title":{"rendered":"Arabtec appoints new chief executive"},"content":{"rendered":"


\nArabtec has appointed the recently appointed Depa chief executive Hamish Tyrwhitt as its chief executive.In a statement to the DFM this morning, Dubai-listed Arabtec said that Mr Tyrwhitt had replaced the company’s acting chief executive Saeed Al Mehairbi, who will remain an Arabtec board member.Arabtec said that as well as taking on the new role, Mr Tyrwhitt would continue to act as chief executive of Nasdaq Dubai-listed interiors contractor Depa – the company in which it purchased a 24 per cent stake in 2012.Mr Tyrwhitt worked for 27 years at Australian construction firm Leighton Holdings, working his way up to become group chief executive in 2011. However, in 2014 he lost his job after the company was taken over by Hochtief, which is owned by Spanish construction giant ACS.He became chief executive of Asia Resources Minerals, an Indonesian coal mining company listed in London, in March 2015, prior to being appointed CEO of Depa Group in April 2016.Mr Tyrwhitt will have a tough job on his hands at Arabtec. Earlier this month the company posted its eighth successive quarterly loss. The company has been undergoing a restructuring following the departure of its previous chief executive Hasan Ismaik, who left the company in mid 2014 amid a share price crisis.Arabtec chairman Mohamed Al Rumaithi said that Mr Tyrwhitt had the experience necessary to “further strengthen the company’s strategic and financial positioning and achieve its full growth potential”.”We are confident that Hamish’s leadership will allow Arabtec to move forward to a successful and sustainable future,” he added.Arabtec shares were up 2.3 per cent to Dh1.32 in early trading.lbarnard@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Arabtec appoints new chief executive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arabtec has appointed the recently appointed Depa chief executive Hamish Tyrwhitt as its chief executive.In...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-36346","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9se","jetpack-related-posts":[{"id":36372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-appoints-hamish-tyrwhitt-as-new-chief-executive\/","url_meta":{"origin":36346,"position":0},"title":"Arabtec appoints Hamish Tyrwhitt as new chief executive","date":"November 29, 2016","format":false,"excerpt":"\r Arabtec has appointed as its chief executive Hamish Tyrwhitt, who was also recently made chief executive of Depa.In a statement to the DFM this morning, Dubai-listed Arabtec said that Mr Tyrwhitt had replaced the company's acting chief executive, Saeed Al Mehairbi, who will remain an Arabtec board member.Arabtec said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-adopts-new-risk-management-plan\/","url_meta":{"origin":36346,"position":1},"title":"Arabtec adopts new risk management plan","date":"January 24, 2017","format":false,"excerpt":"\r Arabtec has said that it is adopting a new risk management plan.In a statement to the Dubai Financial Market on Tuesday morning, the Arabtec chief executive Hamish Tyrwhitt said that the company had supported a new group-wide enterprise risk management plan at its board meeting on Monday.Arabtec shares were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-adopts-new-risk-management-plan-in-bid-to-cut-costs\/","url_meta":{"origin":36346,"position":2},"title":"Arabtec adopts new risk management plan in bid to cut costs","date":"January 24, 2017","format":false,"excerpt":"\r Arabtec has said that it is adopting a new risk management plan as the company continues to cut costs in the wake of a major restructure.In a statement to the Dubai Financial Market on Tuesday morning, the Arabtec chief executive Hamish Tyrwhitt said that the company had supported a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-announces-second-board-meeting-of-the-year\/","url_meta":{"origin":36346,"position":3},"title":"Arabtec announces second board meeting of the year","date":"February 8, 2017","format":false,"excerpt":"\r Arabtec has announced that it will be holding its second board meeting of the year on February 12 to discuss its 2016 results, the UAE's largest listed construction company said in a statement to the Dubai Financial Market this morning. Arabtec's shares were suspended on the DFM on January\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-is-on-top-of-risks-says-firms-chief\/","url_meta":{"origin":36346,"position":4},"title":"Arabtec is on 'top of risks', says firm's chief","date":"March 22, 2017","format":false,"excerpt":"\r Hamish Tyrwhitt, the chief executive of Arabtec, which has about Dh6 billion worth of trade and other receivables owed to it, expects the company to be \"on top\" of its risks as the builder pursues outstanding payments and prepares to raise Dh1.5bn in a rights issue as it seeks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-chief-says-a-shake-up-is-on-the-way\/","url_meta":{"origin":36346,"position":5},"title":"Arabtec chief says a shake-up is on the way","date":"March 27, 2017","format":false,"excerpt":"\r A major shake-up of Arabtec's management is under way as part of its restructuring.Hamish Tyrwhitt, the new chief executive who was appointed last November, told The National that \"by two-to-three months' time, probably 60-70 per cent of my direct reports will be new to the company\".\"I've already put in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36346"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=36346"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36346\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}