Steve Parkinson - Director

Steve Parkinson is a Turnaround Director with prior corporate experience in the UK and overseas where he faced many challenging business situations. He now specialises in operational turnaround and leading teams through major change.

After an early career in the upstream oil industry with Shell in Europe, the Far East and Middle East he returned to the UK with Honeywell.

His first major turnaround experience was with Dalkia where he oversaw the integration of a number of UK subsidiaries with significant legacy issues. This required the development of a common accounting platform, harmonisation of terms and conditions, headcount reduction, claims resolution, contract base rationalisation and a new vision, strategy and brand.

He later led the turnaround of Citex, an international Facilities and Project Management business with activities in UK, Europe and the Far East, ultimately leading to disposal of the profitable FM arm. At Mowlem he inherited two seriously underperforming businesses in the support services sector, one heavily loss making and haemorrhaging cash, while the other faced significant reduction in contract base. Restructuring and rationalisation turned major losses into break-even performance just ahead of the acquisition of Mowlem by Carillion.

Since 2006 Steve has operated as a turnaround specialist, working on assignments with Alfred McAlpine Business Services, Bison Ltd, Project First Group and Interserve plc.

Steve has a Masters Degree in Engineering Science from Oxford University and a Masters in Business Administration from London Business School. He is a Chartered Engineer and a Member of the Institution of Mechanical Engineers.