New Leighton exec faces scrutiny

Hochtief CEO says Leighton was not influenced in exec decision

Hotchtief chief executive Marcelino Fernandes Verdes has insisted his company did not influence Leighton Holdings' (LEI) decision to appoint an influential executive from Spanish firm ACS to serve as Leighton's new chief operating officer, according to The Australian.

The new appointee, Adolfo Valderas Martinez, will move to Australia to take up his new post.

But the appointment raised some eyebrows, and sparked questions about whether Leighton was being influenced by its ACS-controlled major shareholder Hochtief.

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