The head of Kingspan’s insulation boards business is to leave the business.
Peter Wilson, divisional managing director of the firm’s insulation boards business and a director of Kingspan Group, has announced he will retire at the end of the year. Wilson hit news headlines last month after it was revealed he was one of three directors who cashed in more than £6m in share options before the company was due to appear at the public inquiry into the Grenfell Tower fire. A series of allegations against the firm were publicly aired at the hearings.
The materials supplier’s Kooltherm K15 foam board insulation was used on the Grenfell Tower refurbishment, alongside Celotex RS5000 insulation.
Wilson has not given evidence at the hearings but has been referenced on a number of occasions by other witnesses as the boss of the insulation division. He was also copied into a number of email exchanges published by the inquiry.
Kingspan said Wilson’s decision to retire reflected “his view that now is the right time to hand over to new leadership at an important time for the insulation boards division”. He will be replaced by the insulation board division’s chief financial officer Alan Lawlor.
Kingspan also announced it has appointed a head of compliance and certification, a newly created role responsible “for ensuring a rigorous approach to certification, testing and product compliance across all group divisions”. The firm has selected its insulated panel division’s operations director Jim Carolan for the post.
There have been a number of revelations regarding the conduct of some Kingspan employees at the ongoing inquiry into the fire at the west London tower block which killed 72 people. A development director for firm apologised after being shown an email he sent to a colleague about a consultant who raised concerns about the combustibility of its product, which said the person could “go f**k themselves” . Other documents published by the inquiry showed members of Kingspan’s technical team joked that they had lied about the fire safety properties of their insulation. Their boss said the company did not lie about its products and he could not explain why the two had said as much. It has also been claimed that Kingspan used rigged fire performance tests to lobby MPs over plans to ban combustible materials from high-rise buildings in the aftermath of the fire. The company denied attempting to deliberately mislead the lawmakers.
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Kingspan insulation boss exits | Construction News – Zak Garner-Purkis – 2020-12-17 14:22:06