COO Ian Cochrane has been with firm since 2007
Severfield has said that COO Ian Cochrane is leaving at the end of September.
Cochrane joined the country鈥檚 biggest steelwork contractor in 2007 as part of its deal to buy Fisher Engineering. He was appointed to the main board six years later.
Severfield said he was 鈥渋s leaving to pursue other interests鈥� and that the role of COO was not being replaced. 鈥淩ather, COO duties are being re-assigned to other executive directors and the senior leadership team,鈥� the firm added.
In its last set of results, the firm, which has been working on Everton鈥檚 new stadium, bridges for HS2 and the huge battery production plant Wates is building in Sunderland, said income was up 22% to 拢492m with
Severfield said income in the year to March was up to 拢492m, a rise of 22%, with pre-tax profit up a third to 拢27m.
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