REG - Severfield PLC - Appointment of Chief Executive Officer

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RNS Number : 0659V  Severfield PLC  13 August 2025

13 August 2025

Severfield plc

('Severfield', 'the Company' or 'the Group')

Appointment of Chief Executive Officer

 

Severfield plc the UK's market-leading structural steel group, is pleased to
announce the appointment of Paul McNerney as its new Chief Executive Officer
following a comprehensive executive search process. Paul will take up this new
role in the Autumn, an announcement will be made once a firm start date has
been agreed.

Paul brings over 25 years of extensive leadership experience within the
construction and engineering sector, most notably from his long-standing
career with Laing O'Rourke. He is currently Director, Clients and Government
at Laing O'Rourke and has previously been Managing Director of the UK
construction business, Select Plant Hire, Explore Manufacturing, and Crown
House Technologies. He has operated at an enterprise level overseeing
strategic commercial leadership and stakeholder management across complex,
large-scale projects.

Throughout his career, Paul has been instrumental in driving transformation,
profitable growth, and operational excellence in construction and in
manufacturing. As Managing Director of the UK construction business at Laing
O'Rourke, he led a £1.3bn business across key sectors including stadia,
healthcare, life sciences, data centres, aviation, and mixed-use developments.
He also played a pivotal role in securing and delivering complex schemes such
as the Oxford University Humanities campus and Everton's new stadium (both of
which were also Severfield projects).

Paul's international experience includes establishing infrastructure
operations in New South Wales Australia, where he led heavy civil and marine
projects for Laing O'Rourke, and was key in opening up new business in oil and
gas markets.

Paul is a Chartered Surveyor by profession, a member of the CBI UK
Competitiveness Committee and is currently also a member of the Liverpool -
Manchester Railway Partnership Board.

Charlie Cornish, Chair of Severfield plc, commented:

"We are delighted to welcome Paul to Severfield. His blend of strategic
acumen, operational delivery, particularly in construction, and international
perspective, along with his proven ability to lead transformation, makes him
an ideal choice to lead the Group through its rebuilding process to the next
phase of its growth and innovation. The Board is confident that Paul will
bring the energy, experience, and clarity of leadership required to deliver
long-term value for shareholders."

 Paul McNerney added:

"I am delighted to be joining Severfield at such a pivotal time in its
journey. The company has a proud heritage, strong values, and a clear
opportunity to lead with innovation and excellence in the structural steel
sector. I look forward to working with the Board, our talented teams, and
customers to continue building Severfield's market leadership and long-term
success."

There are no further disclosures required for the purposes of UKLR 6.4.6R and
UKLR 6.4.8R.

ENDS

For further information, please contact:

 

 Severfield                 Charlie Cornish                                                01845 577 896

                            Non-Executive Chairman
                            Mark Sanderson                                                 01845 577 896

                            Company Secretary

 Camarco                    severfield@camarco.co.uk (mailto:severfield@camarco.co.uk)
                            Ginny Pulbrook                                                 07961 315 138
                            Tom Huddart                                                    07967 521 573
 Jefferies International    Sam Barnett                                                    020 7029 8000
 Panmure Liberum            Nicholas How                                                   020 3100 2000

 

Notes to editors:

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 50/50 joint
venture partnership with JSW Steel (India's largest steel producer).

 

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