Severfield plc has confirmed the appointment of Andrew Page as its new Chief Financial Officer, with the role taking effect on February 16, 2026. The UK structural steel specialist announced the change on Wednesday, naming Page as the successor to Jan Bramall, who has held the interim CFO position since November 1, 2025.
Page joins Severfield with a background in senior finance roles across UK-listed companies. Most recently he served as Interim CFO at ISG, a privately owned construction and engineering group. His earlier career included senior positions at British Energy, Centrica, FirstGroup and Ocado.
The move comes amid a series of senior appointments and organisational changes underway under CEO McNerney. Management has been active in reshaping the leadership team and implementing structural changes inside the group - steps that have included the opening of the companys London hub.
Jefferies analysts, commenting on the appointment, described these hiring and operational moves as part of McNerneys efforts to transform Severfield "with pace and vigor." The analysts noted that Page is known to the CEO and that his UK construction experience will reinforce what they described as an "experienced and capable finance function" at Severfield.
On the broader outlook for the company, Jefferies indicated that it views the appointment in a positive light and said there remains a "significant long-term recovery and growth opportunity" at Severfield.
Summary
Andrew Page will assume the CFO role at Severfield on February 16, 2026, replacing interim chief Jan Bramall. The appointment aligns with CEO McNerneys broader senior-hire strategy and the opening of a London hub. Jefferies analysts welcomed the hire and flagged continued long-term recovery and growth potential for the business.
Key Points
- Andrew Page is appointed CFO at Severfield, effective February 16, 2026, succeeding interim CFO Jan Bramall.
- Page brings UK-listed finance experience, including a recent interim CFO role at ISG and senior roles at British Energy, Centrica, FirstGroup and Ocado.
- CEO McNerneys wider changes - including a new London hub - are part of a push to transform the company; Jefferies regards the appointment and wider actions positively.
Risks and Uncertainties
- Transition risk in the finance leadership as the company moves from an interim CFO to a permanent appointee - this could affect financial continuity during the handover period.
- Execution risk tied to CEO-led organisational changes, including the new London hub, which will require effective implementation to realise intended benefits.
- Market recovery and growth remain projections rather than guarantees; Jefferies highlights potential, but actual outcomes depend on future performance and conditions.
The article reports the appointment and related commentary without additional projection or external context beyond the statements provided by the company and Jefferies analysts.