{"id":2142519,"date":"2025-08-13T07:46:50","date_gmt":"2025-08-13T06:46:50","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2142519"},"modified":"2025-08-13T07:46:50","modified_gmt":"2025-08-13T06:46:50","slug":"new-chief-at-structural-steel-group","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2142519-new-chief-at-structural-steel-group","title":{"rendered":"New chief at structural steel group"},"content":{"rendered":"<p style=\"line-height: 18.0pt;background: #FEFEFE\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">North Yorkshire-based structural steel group, Severfield, has appointed Paul McNerney as its new chief executive officer.<\/span><\/p>\n<p style=\"line-height: 18.0pt;background: #FEFEFE\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">Paul has 25 years of leadership experience within the construction and engineering sector, notably with Laing O&#8217;Rourke where he is director, clients and government.<\/span><\/p>\n<p style=\"line-height: 18.0pt;background: #FEFEFE\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">McNerney, who will take up the role in the Autumn, said: \u201cI 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\u2019s market leadership and long-term success.\u201d<\/span><\/p>\n<p style=\"line-height: 18.0pt;background: #FEFEFE\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">Last month Severfield reported a tough year of trading in its results for the year ended 29 March 2025.<\/span><\/p>\n<p style=\"line-height: 18.0pt;background: #FEFEFE;text-align: start\"><span><span class=\"acy\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">The business reported revenues of \u00a3450.9m (<\/span>2024: \u00a3463.5m) and a\u00a0<span class=\"zn\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">statutory loss before tax of<\/span><\/span><\/span><span class=\"acy\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">\u00a0<\/span><span class=\"acf\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">\u00a317.5m (<\/span><span class=\"zo\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">2024: profit of \u00a323m).<\/span><\/span><\/span><\/span><\/span><\/p>\n<p style=\"line-height: 18.0pt;background: #FEFEFE;text-align: start\"><span style=\"font-size: 13.0pt;font-family: Roboto;color: #222222\">It has incurred costs from having to carry out bridge remediation work. Severfield identified some bridge structures which were not in compliance with the client\u2019s weld specification requirements \u2013 mainly relating to 12 projects which are either ongoing or were completed over the past four years.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul McNerney named as Severfield&#8217;s new chief executive officer<\/p>\n","protected":false},"author":271992,"featured_media":2137972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"coauthors":[137100],"class_list":["post-2142519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people","tag-featured-story","tag-yorkshire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New chief at structural steel group | TheBusinessDesk.com<\/title>\n<meta name=\"description\" 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