Forth Ports, the UK’s third largest ports group, has appointed former Stewart Milne CEO Stuart MacGregor as chief financial officer and as a member of the main board. 

Mr MacGregor spent 30 years in the drinks and UK house building sectors and led the Stewart Milne group until its collapse in January after a fruitless two year search for a buyer.

Prior to that, Mr MacGregor worked for Heineken, based in Europe. He is an ICAEW chartered accountant and joins Forth on 9 December.

Stuart Wallace, Forth Ports chief executive, said: “With a proven ability to align financial strategy with business ambitions, Stuart’s financial and executive director leadership will be pivotal as we continue to evolve as a business, positioning Forth Ports for continued sustainable growth and long-term success.

“I am confident that Stuart will not only strengthen our executive team but also bring significant strategic insight and value to the main board and we look forward to him joining the business in December.”

Mr MacGregor said: “I am thrilled to be joining Forth Ports at this exciting time for the business. This is a growing company with strong ambitions in sectors that are critical to the Scottish and UK economies. I look forward to playing my part in its future success.”