REG - Severfield PLC - Chairman appointment

SeverfieldAnnouncement

17/04/2024 07:00

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RNS Number : 8632K  Severfield PLC  17 April 2024

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).

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