Alan Lovell lays it on the line | THE TELEGRAPH | NOV 14, 2004
Jarvis must sell its highly valuable stake in Tubelines if the floundering company is to survive, the new chief executive tells Edward Simpkins
Steve Norris, who fought and lost against Ken Livingstone in the battle to become Mayor of London, is this weekend in the unfortunate position of wondering whether his former adversary will be magnaminous in victory.
Norris’s problem is that, as the chairman of Jarvis, the contractor and engineer that some fear is teetering on the brink of collapse, he needs the blessing of Livingstone to sell Jarvis’s most valuable asset in order to have any hope of paying down the company’s huge debts.
“It is an extraordinary situation, I can’t think of anything like it,” says the chairman of one of the companies involved.
The asset is Jarvis’s valuable one-third stake in Tubelines, a private-sector consortium that also includes Bechtel and Amey and which has a £4.4bn contract to manage, maintain and upgrade a third of the London Underground network. Livingstone was bitterly opposed to handing the network over to the private sector and fought tooth and nail to hinder the deal.
Alan Lovell to step down as Jarvis boss | BUILDING | 2005
Alan Lovell, chief executive of embattled support services group Jarvis, is to stand down next March just months after a major refinancing of the group, writes George Hay.
Lovell, who has been in the job for only 10 months, will leave the company before it moves its headquarters to York. Finance director Alasdair Marnoch, who was appointed in June, will also leave early next year.
A company spokesperson said replacements for the two men had not been decided, and that it had never been Mr Lovell’s intention to stay after the company’s recent restructuring, which handed 95% of the firm to its creditors.
Rescuer of basket cases who relishes power game | THE GUARDIAN | SEP 6, 2007
Alan Lovell likes what most of his fellow executives hate: instability. Who else would take on a string of failing businesses, including potential basket cases such as Jarvis, and then quit once the hard work was done?
“I’m very competitive,” the soft-spoken turnaround expert says, almost apologetically, as he tries to explain why he seeks out challenges and how it fits with his recreational passion: tennis.
Appropriately, he was once head of Dunlop Slazenger, a firm of two historic brands that fell from grace in the face of Nike and others before his arrival. “I had spent time in construction helping Costain out of trouble and wanted to try my hand at consumer products. Dunlop Slazenger was a perfect opportunity, given my personal interests,” explains the 53-year-old.
It was straight from a fairly successful rescue there to Jarvis, once the UK’s largest engineering group but by 2004 a failing business after a disastrous move into the government’s new private finance initiative. Lovell made a series of major asset sales and a successful financial restructuring before departing to his current post: chief executive of Infinis, a low-profile firm with big ambitions in green energy.
“I was head-hunted, which was surprising to me as I was not an obvious candidate. But others saw helpful connections from the Jarvis experience, which I can see now,” he says.
So what are those similarities? “This [renewable sector] is the opposite of stable: a rapidly changing environment where a team needs to be built in the same way as the Jarvis team needed rejuvenating because it was worn out and worried. Infinis also needed a sense of direction, as Jarvis did, and had to build a profile in the way Jarvis had to change a very tarnished image,” he says.
Alan Lovell appointed the new Chair of the Consumer Council for Water | UK GOV | MAR 20, 2015
Alan Lovell has been appointed as the new Chair of the Consumer Council for Water by the Secretary of State for Environment, Elizabeth Truss, and the Welsh Government’s Minister for Natural Resources, Carl Sargeant AM. The appointment will take effect from 1st April 2015, for a period of four years.
Alan Lovell has been Chief Executive of six companies including Costain, Dunlop Slazenger, Infinis and Tamar. He is currently Senior Independent Director at Sweett Group plc and a non-executive director of two clean energy businesses and of IAC Acoustics. He is also on the Council of Lloyd’s, the Chairman of the Association of Lloyd’s Members and an advisor on restructuring at PwC.
Mr Lovell is also heavily involved within the not-for-profit sector. He is the founding Chairman of the Hampshire Cultural Trust and the Blue Lamp Trust, Vice Chairman of the Mary Rose, a Governor of the University of Winchester and both a Trustee and Council member of Winchester Cathedral. He was High Sheriff of Hampshire in 2010/11.
The Consumer Council for Water is the voice of water and sewerage customers in England and Wales. It represents the views of customers to Government, the regulators and water companies. It also handles complaints about water companies where customers are not satisfied with a company’s performance.
The appointments have been made in accordance with the Code of Practice issued by the Commissioner for Public Appointments. All appointments are made on merit and political activity plays no part in the selection process. The Code requires for appointees political activity (if significant) to be declared. Alan Lovell has not declared any political activity.
Meet the team | HAMPSHIRE CULTURAL TRUST | MAY 19, 2017