16 October 2024
Severfield plc
('the Company' or 'the Group')
Directorate Change
Appointment of Cynthia Gordon as Non-Executive Director
Severfield plc, the market leading structural steel group, is pleased to announce the appointment of Cynthia Gordon as a non-executive director with effect from 21st October 2024. She will chair the Company's remuneration committee, taking over from Louise Hardy, who will leave the Board, as previously announced, after a short handover on 31st October. Cynthia will also serve on the Company's nomination and audit committees.
Cynthia is currently a non-executive director and remuneration committee chair at Bodycote plc, the FTSE 250 global industrial services company, non-executive chair of Global Fashion Group, a Luxembourg-based ecommerce company listed in Frankfurt and a non-executive director of Eutelsat Communications SA, a satellite operator listed in Paris. She also acts as a senior advisor to Tillman Global Holdings, an investor in infrastructure businesses and was formerly a non-executive director at Tele2 and Kinnevik.
As an executive director, Cynthia worked at a number of companies, including Millicom, Ooredoo and Orange. She was CEO of Millicom Africa responsible for six countries, and was also Group Commercial Director at Ooredoo, with responsibility for commercial performance across 15 countries.
Charlie Cornish, Non-Executive Chair, commented:
"We are pleased to welcome Cynthia to the Board of Severfield. She brings a wealth of strategic, commercial and operational senior executive experience across different commercial sectors, particularly internationally and is an established non-executive and remuneration committee chair. Her knowledge will be highly beneficial to Severfield as we continue to grow and diversify."
The Company confirms there is no further information to be disclosed for the purposes of UKLR 6.4.8.
ENDS
Severfield Alan Dunsmore 01845 577 896
Chief Executive Officer
Adam Semple 01845 577 896
Chief Financial Officer
Jefferies International Will Soutar 020 7029 8000
Panmure Liberum Nicholas How 020 3100 2000
Camarco severfield@camarco.co.uk
Ginny Pulbrook 07961 315 138
Tom Huddart 07967 521 573
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.1,900 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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