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    Severfield picks Fitzmaurice as CCO: commercial and risk notes for project teams

    September 22, 2026|

    Reviewed by Tom Sullivan

    Severfield picks Fitzmaurice as CCO: commercial and risk notes for project teams

    First reported on The Construction Index

    30 Second Briefing

    Severfield has created a new chief commercial officer role and appointed Terry Fitzmaurice to lead the structural steel group’s commercial, procurement and estimating functions across its UK and international projects. Fitzmaurice joins from Manchester Airports Group, where he was group procurement and contracts director, and previously held senior commercial roles at Mitie. Reporting directly to CEO Paul McNerney and working closely with CFO Andrew Page on strategy deployment, he is expected to tighten cost, contract and supply-chain control on complex steelwork packages.

    Technical Brief

    • New CCO role sits on Severfield’s Executive Committee, formalising board-level oversight of commercial risk.
    • Reporting line is directly to CEO Paul McNerney, tightening governance on major steelwork contract decisions.
    • Close working link with CFO Andrew Page is intended to align margin control with project delivery phasing.
    • Appointment comes as Severfield pushes “certainty and engineering excellence” as core client value propositions on large infrastructure schemes.
    • Structural steel contractors on high-risk builds may see more standardised commercial terms and tighter variation control.

    Our Take

    Severfield has featured repeatedly in recent UK infrastructure coverage, including HS2’s Old Oak Common roof steelwork and the Transpennine Route Upgrade’s Baker Viaduct, so a new CCO will be stepping into a business already embedded in nationally significant rail projects.

    The recent closure of Severfield Modular Solutions under new chief executive Paul McNerney signals a strategic refocus on core structural steelwork, meaning the incoming CCO role is likely to be weighted towards major project pipeline and client relationships rather than modular diversification.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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