– UK, Thirsk – Severfield plc (LON: SFR), the market-leading structural steel group, today announced the appointment of Mark Pegler to its Board as a non-executive director effective from 5 October 2022.
“We are pleased to welcome Mark to the Board of Severfield. He brings a wealth of relevant experience having spent a decade as CFO of an FTSE 250 business. His knowledge will be highly beneficial to Severfield as we continue to build on the considerable positive momentum within the business.” said Board Chairman, Kevin Whiteman.
Mark Pegler will also join the Remuneration, Nomination, and Audit committees. It is intended that Mark should become Audit Chair following the retirement of Tony Osbaldiston in July 2023.
About Mark Pegler
Mark Pegler is an experienced FTSE 250 board director, having spent over a decade as CFO at Hill & Smith Holdings PLC. His successful tenure saw a significant growth of the business, with organic growth supplemented by multiple bolt-on acquisitions and expansion of the Group internationally.
Mark Pegler is also a Non-Executive Director and Chair of the Audit Committee at ELE Advanced Technologies Ltd, a specialist in the production of complex and high integrity super alloy components for the aerospace, industrial gas turbine, and commercial diesel engine markets.
He is a Fellow of the Institute of Chartered Accountants in England and Wales.
About Severfield
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 six sites, c.1,500 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).
For more information: https://www.severfield.com
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