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Paul McNerney will join Severfield in the autumn from Laing O鈥橰ourke, where he has worked for 26 years.
He replaces Alan Dunsmore who 鈥渁greed to step down by mutual consent鈥� in March this year after Severfield issued a second profits warning in five months.
McNerney is currently director, clients and government at Laing O鈥橰ourke and has previously been managing director of the UK construction business, Select Plant Hire, Explore Manufacturing and Crown House Technologies.
He has played a pivotal role in securing and delivering complex schemes such as the Oxford University Humanities campus and Everton鈥檚 new stadium, for both of which projects Severfield supplied and erected the steelwork.
McNerney is a chartered surveyor by profession, a member of the CBI UK Competitiveness Committee and also a member of the Liverpool - Manchester Railway Partnership Board.
Severfield chair Charlie Cornish said: 鈥淲e are delighted to welcome Paul to Severfield. His blend of strategic acumen, operational delivery, particularly in construction, and international perspective, along with his proven ability to lead transformation, makes him an ideal choice to lead the group through its rebuilding process to the next phase of its growth and innovation. The board is confident that Paul will bring the energy, experience, and clarity of leadership required to deliver long-term value for shareholders.鈥�
聽Paul McNerney added: 鈥淚 am delighted to be joining Severfield at such a pivotal time in its journey. The company has a proud heritage, strong values, and a clear opportunity to lead with innovation and excellence in the structural steel sector. I look forward to working with the board, our talented teams, and customers to continue building Severfield鈥檚 market leadership and long-term success.鈥�
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