Last checked at 26 Jul 2023 07:00
Severfield plc
('the Company' or 'the Group')
Directorate Change
Severfield plc, the market leading structural steel group, announces that Ian Cochrane, an executive director of the Company, will be leaving the Company on 30 September 2023. He is leaving to pursue other interests and the role of COO is not being replaced, rather COO duties are being re-assigned to other executive directors and the senior leadership team.
Kevin Whiteman, Non-Executive Chairman, commented:
"We would like to thank Ian for his contribution to Severfield. Ian has been a member of the board of directors of the Company since 2013 and has been with the Group since 2007. He has overseen a number of important initiatives and contributed significantly to the profitable growth of the Group in recent years."
ENDS
For further information, please contact:
Severfield | Alan Dunsmore Chief Executive Officer | 01845 577 896 |
Adam Semple Chief Financial Officer | 01845 577 896 | |
Jefferies International | Simon Hardy | 020 7029 8000 |
Will Soutar | 020 7029 8000 | |
Liberum Capital | Nicholas How | 020 3100 2000 |
Ben Cryer | 020 3100 2000 | |
Camarco | Ginny Pulbrook | 020 3757 4992 |
Tom Huddart | 020 3757 4980 |
Notes to editors - Severfield:
Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,800 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).