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Severfield PLC - North Yorkshire, England-based structural steel group - Chief Operating Officer Ian Cochrane to leave firm on September 30 to pursue other interests. Says COO role is not being replaced, with role responsibilities being re-assigned to other executive directors and the senior leadership team.
Non-Executive Chair Kevin Whiteman says: ‘We would like to thank Ian for his contribution to Severfield. Ian has been a member of the board of directors of the company since 2013 and has been with the group since 2007. He has overseen a number of important initiatives and contributed significantly to the profitable growth of the group in recent years.’
Current stock price: 73.84 pence, down 1.6%
12-month change: up 28%
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