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.