Mace Consult Welcomes Shaun Hughes as New CFO
Mace Consult has appointed Shaun Hughes as its new Chief Financial Officer, effective November 3, 2026, following the departure of David Allen.
Leadership Transition at Mace Consult
Mace Consult has announced the appointment of Shaun Hughes as its new Chief Financial Officer, effective from 3 November 2026. Hughes brings over 20 years of experience in finance, procurement, and IT, having held leadership roles at notable companies such as Orora, IBM, and Telstra. His extensive background is expected to bolster Mace Consult's financial strategy as it continues to establish itself as an independent firm.
Recent Changes in Management
Hughes steps into the role following the interim tenure of James Bruce, who had been serving as CFO since March 2023. This transition comes on the heels of David Allen's departure at the end of October 2026, who previously held the position of group CFO. In the interim, Tony Athurton has been appointed to replace Allen temporarily.
The leadership changes are part of a broader restructuring within Mace Consult, which has been evolving since its split from Mace Construct in March 2023 after being acquired by Goldman Sachs. This strategic move aimed to create a more focused consultancy arm while Mace Construct pursued its own growth objectives.
Recent Developments and Future Directions
Mace Consult, which was carved out from the Mace Group in July 2025, has been making strides in establishing its identity in the competitive consultancy market. The firm, which was launched in 1990, now boasts a global workforce of over 5,500 professionals across six continents. Its service offerings include Strategic Advisory, Cost and Commercial Management, Programme Management Office (PMO) and Planning, and Programme and Project Management.
In the wake of its recent changes, Mace Consult generated close to $1 billion in revenue in 2025, demonstrating its strong market position. As the firm continues to navigate its path as an independent entity, the leadership of Hughes is anticipated to play a crucial role in driving financial performance and strategic growth.
Looking Ahead
The appointment of Shaun Hughes comes at a pivotal time for Mace Consult as it aims to solidify its reputation and operational effectiveness in the consultancy landscape. With a focus on enhancing its financial strategies and service delivery standards, Hughes's leadership is expected to influence the firm positively as it moves forward into a new era of independence and growth.
Industry sources
This story was synthesised from the following publishers.
- Building — Mace Consult brings in new CFObuilding.co.uk
- Construction Enquirer — Mace Construct makes £62m pre-tax loss in carve-out yearconstructionenquirer.com
- PR Newswire — Mace Consult appoints new Chief Financial Officerprnewswire.com
- Consultancy.uk — Mace Consult sets out stall as independent firm with project delivery standardsconsultancy.uk
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