David Allen, Chief Financial Officer of Mace Construct, has decided to step down from the Mace Construct Board and as CFO in October this year. Tony Arthurton, Group Financial Director, will succeed him as interim CFO.
David joined Mace Group at the beginning of 2023 and, since then, has led the transformation of the Group’s finance team and systems. He led a refinancing of the Group in 2024, supported the recently completed carve-out of Mace Consult, and helped deliver three and a half years of strong underlying performance.
David is stepping away from full-time executive leadership to pursue other interests. He will remain in post until October to support an orderly transition as Tony steps into his new role, helping to ensure continuity as the business moves into its next phase.
Tony joined Mace in 2023 as Group Financial Director and has worked closely with David in leading the finance function over the past three years. His previous experience spans the professional services and technology sectors. He began his career at KPMG and spent nearly two decades at Xerox, where he served as Chief Financial Officer for the company’s UK business.
David’s announcement follows the recent news that, now the carve-out of Mace Consult has been completed, Jason Millett, Chief Executive Officer of Mace Construct, will also step down at the end of 2026. Mark Reynolds CBE, Executive Chair, has returned to a more active role in the business to provide continuity of strategic direction and to support the Group’s strong and experienced Executive Committee in continuing to deliver for its clients, partners and people.
The Board will confirm longer-term leadership arrangements in due course.
Mark Reynolds CBE, Executive Chair, Mace Construct said: “Since David shared his plans for the future at the start of April, he and I have been working to agree the right moment for him to step down as we continue to simplify the business following the carve-out of Mace Consult. I’m delighted that Tony will take on the role of interim CFO and look forward to working closely with him as we continue to deliver and perform through this transition.
“Over the past three and a half years, David has made a significant contribution to the Group’s success through his leadership of the finance function and his counsel to the Mace Construct Board. On behalf of the Board and our Executive Committee, I would like to thank him for his dedication and leadership, and to wish him every success for the future.”
David Allen, Chief Financial Officer, Mace Construct, said: “It’s been a privilege to be part of Mace over the past three and a half years and to work with such talented colleagues across the business. I’m incredibly proud of what we’ve achieved together, particularly in strengthening the finance function and supporting the business through a period of important and valuable change. Mace Construct has a strong team, a clear direction and real momentum. I look forward to continuing to work with colleagues to ensure a smooth transition in the months ahead.”
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