Alan Dunsmore, the chief executive officer (CEO) of structural steel contractor Severfield, will leave his post on 30 June after more than seven years in the job.
Severfield said Dunsmore and the company agreed he would step down as CEO of Severfield by “mutual consent”.
Dunsmore said: “It has been a privilege to spend 15 years of my career at Severfield and to have led the development of the business in the UK, Europe and India.
“Now is an appropriate time to hand over to a new CEO to build on Severfield’s unique strengths and accelerate the growth of the business.”
Interim leadership arrangements have been put in place while the Board finds Dunsmore’s successor.
Charlie Cornish, chairman of Severfield, will support the interim executive team led by Rob Evans, managing director of the Commercial & Industrial division, and CFO, Adam Semple.
Cornish said: “On behalf of the Board, I would like to thank Alan for his commitment to Severfield over the past 15 years and for the last seven years of dedicated leadership as CEO.
“Alan has been pivotal in shaping our purpose, strategy and values, driving growth both organically and through acquisitions.
“Moving forward the Board and the executive team will build on Severfield’s market leading position in the UK and growing presence in Europe and India, driving strategic progress on manufacturing efficiency and project delivery, positioning the group for further growth and long-term shareholder returns.”
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