Amey FD quits

Link: Amey bags £35m for DTI accounts

The news was announced this morning by Amey and the company’s share price immediately fell by 13p to 46p.

Kayser joined Amey in September from Doncasters Group. It is understood a partner from Deloitte & Touche will stand in as group FD and will present preliminary results for 2002 in March 2003. Kayser will remain an employee of the firm for some time to come.

A former construction company Amey plc won a contract earlier this year for the outsourcing of the Department of Trade’s accounts.

Sir Ian Robinson, Amey chairman, said: ‘We are both surprised and disappointed that Michael has chosen to leave Amey so soon after joining us and that, despite the full and unconditional support of the board, he has decided to seek opportunities elsewhere.’

Kayser is the latest high profile FD to part company with his employer. Two weeks ago Ric Piper, former FD at WS Atkins, lost his new job at Trinity Mirror before he had even started.

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