17
April 2024
Severfield
plc
('the Company' or 'the
Group')
Appointment of Charlie
Cornish as non-executive Chair
Severfield plc, the market leading
structural steel group, is pleased to announce the appointment of
Charlie Cornish as non-executive Chair and director of the Company.
Charlie will join the Company's Board on 1 May 2024 and will take
over as Chair after the AGM on 30 July 2024 when Kevin Whiteman
steps down from the Board, having completed his nine-year
tenure.
Charlie is currently non-executive
Chair of Manchester Airports Group ('MAG'), Core Highways Group and
Ipsum Group. He was previously CEO of MAG for 13 years. He was also
a main board member of United Utilities Group plc for 7 years and
managing director of their commercial business (called utility
solutions). He has substantial experience of developing strategy
and leading large complex businesses across a number of relevant
sectors.
Alun Griffiths, Senior Independent
Director, said:
"We are delighted to welcome Charlie
to the board of Severfield. His appointment follows a thorough
selection process led by the Group's Nomination Committee. Charlie
has an outstanding record of value creation, and he brings a wealth
of experience to Severfield."
Charlie Cornish, Chair Designate,
said:
"It is a good time to be joining
Severfield. The Company is operating in markets with excellent
long-term growth opportunities and has significant opportunities to
continue to grow and develop. I am looking forward to working with
the Board and the management team to maximise Severfield's
potential and continue to deliver value to all
stakeholders."
Alan Dunsmore, Chief Executive
Officer said:
"On behalf of the Board, and
personally, I would like to thank Kevin for the enormous
contribution he has made to Severfield. He has been an excellent
Chair, and he has played a crucial role in the successful
development of the Group. I also want to welcome Charlie to the
Group, I look forward to working with him."
There is no other information
relating to Charlie Cornish that is required to be disclosed under
Listing Rule 9.6.13.
For
further information, please contact:
Severfield
Alan
Dunsmore
01845 577 896
Chief Executive Officer
Adam
Semple
01845 577 896
Chief Financial Officer
Jefferies
International
Will
Soutar
020 7029 8000
Shaam
Vora
020 7029 8000
Liberum
Capital
Nicholas
How
020 3100 2000
Satbir
Kler
020 3100 2000
Camarco
severfield@camarco.co.uk
Ginny Pulbrook
+44 7961 315 138
Tom Huddart
+44 7967 521 573
Notes to Editors
About 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).