He's been charged with dealing with the fall out from the end of shipbuilding in Portsmouth and today the city's newly appointed minister Michael Fallon visited for the first time. 900 people will lose their jobs when BAE Systems moves its operations to Scotland.
So what are the challenges facing the man charged with improving the city's fortunes? Richard Jones has been finding out. Richard spoke to Dr Mike Asteris from Portsmouth Business School, Henry Braithwaite from Marketmakers and Vincent Denham from Verisona Law.