Severfield plc
('the Company' or 'the Group')
Directorate Change
Severfield plc, the market leading structural steel group, announces that Rosie Toogood, a non- executive director of the Company, will be leaving the Board of the Company on 12 February 2024. She has taken up a new senior executive role at Wates Group, who are a major customer of the Group, and it has been agreed that, in those circumstances, in order to avoid a conflict of interest, she will step down.
Kevin Whiteman, Non-Executive Chairman, commented:
"We would like to thank Rosie for her valuable contribution to the Board and to the Group's growth over the last three 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).
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