Building giant Lagan Construction appoints new chief executive
Building giant Lagan Construction has appointed the son of the firm's chairman as its new chief executive to replace Colin Loughran.
Kevin Anthony Lagan takes over the role at the Belfast-based company.
His father is chairman Michael Lagan.
Lagan Construction is one of the largest civil engineering and construction businesses in Northern Ireland.
It confirmed that Colin Loughran had left the post and that Mr Lagan had taken over on April 1.
It's understood the appointment is in line with the group's succession plan, and the new role took effect in line with the start of the new financial year.
Former chief executive Mr Loughran will continue to assist the company in a consultancy role over the next 18 to 24 months. Lagan Construction completes contracts at home and within and outside the European Union.
Lagan Construction Group Holdings is a large part of the now divided former Lagan businesses.
In 2010 the group of Lagan companies separated and Lagan Construction Group is now led by Michael Lagan.
Last week it was announced that Lagan Construction Group was among four companies awarded contracts as part of NI Water's major mains improvement scheme.
It was brought on board alongside BSG Civil Engineering, Farrans Construction and Meridian Utilities to carry out an upgrade of the utility provider's water and wastewater services in Northern Ireland.