CRH Announces CEO Succession
CRH plc (NYSE: CRH), the leading provider of building materials solutions, has announced a CEO succession plan. Albert Manifold, the current Chief Executive Officer, will retire at the end of 2024. He will be succeeded by Jim Mintern, the company's current Chief Financial Officer.
Jim Mintern has been with CRH for 22 years and has over 30 years of experience in the building materials industry. He has served in various senior leadership roles and has been a board director since June 2021. Mintern recently led the strategic transition of CRH's primary listing to the New York Stock Exchange.
Albert Manifold, who joined CRH in 1998 and became CEO in January 2014, will step down from the board and relinquish his executive responsibilities on December 31, 2024. He will continue as an advisor to CRH for an additional 12 months.
CRH plc (NYSE: CRH), il principale fornitore di soluzioni per materiali da costruzione, ha annunciato un piano di successione per il CEO. Albert Manifold, l'attuale amministratore delegato, andrà in pensione alla fine del 2024. Sarà succeduto da Jim Mintern, l'attuale Chief Financial Officer dell'azienda.
Jim Mintern è con CRH da 22 anni e ha oltre 30 anni di esperienza nel settore dei materiali da costruzione. Ha ricoperto vari ruoli di leadership senior ed è un membro del consiglio di amministrazione dal giugno 2021. Mintern ha recentemente guidato la transizione strategica della quotazione principale di CRH al New York Stock Exchange.
Albert Manifold, che è entrato in CRH nel 1998 ed è diventato CEO nel gennaio 2014, si dimetterà dal consiglio e rinuncerà alle sue responsabilità esecutive il 31 dicembre 2024. Continuerà a lavorare come consulente per CRH per ulteriori 12 mesi.
CRH plc (NYSE: CRH), el principal proveedor de soluciones de materiales de construcción, ha anunciado un plan de sucesión para el CEO. Albert Manifold, el actual director ejecutivo, se retirará a finales de 2024. Será sucedido por Jim Mintern, el actual director financiero de la compañía.
Jim Mintern ha estado en CRH durante 22 años y tiene más de 30 años de experiencia en la industria de materiales de construcción. Ha ocupado diversos roles de liderazgo senior y ha sido director de la junta desde junio de 2021. Mintern lideró recientemente la transición estratégica de la cotización principal de CRH al New York Stock Exchange.
Albert Manifold, quien se unió a CRH en 1998 y se convirtió en CEO en enero de 2014, dejará su puesto en la junta y renunciará a sus responsabilidades ejecutivas el 31 de diciembre de 2024. Continuará como asesor de CRH durante 12 meses adicionales.
CRH plc (NYSE: CRH), 건축 자재 솔루션의 선도적인 제공업체,가 CEO 승계 계획을 발표했습니다. 현재 CEO인 알버트 매니폴드는 2024년 말에 은퇴할 예정입니다. 그는 현재 최고 재무 책임자인 짐 민턴에게 자리잡힐 것입니다.
짐 민턴은 CRH에서 22년 동안 근무했으며 건축 자재 산업에서 30년 이상의 경험을 가지고 있습니다. 그는 여러 고위 리더십 역할을 수행했으며 2021년 6월부터 이사회 이사로 재직해 왔습니다. 민턴은 최근 CRH의 주요 상장 이전을 뉴욕 증권 거래소로 이끌었습니다.
1998년 CRH에 입사하여 2014년 1월 CEO가 된 알버트 매니폴드는 2024년 12월 31일 이사회에서 물러나고 임원 책임을 포기할 것입니다. 그는 추가로 12개월간 CRH의 자문으로 계속 활동할 것입니다.
CRH plc (NYSE: CRH), le principal fournisseur de solutions en matériaux de construction, a annoncé un plan de succession pour le PDG. Albert Manifold, l'actuel directeur général, prendra sa retraite à la fin de 2024. Il sera remplacé par Jim Mintern, l'actuel directeur financier de l'entreprise.
Jim Mintern est chez CRH depuis 22 ans et possède plus de 30 ans d'expérience dans l'industrie des matériaux de construction. Il a occupé divers postes de direction et est membre du conseil d'administration depuis juin 2021. Mintern a récemment dirigé la transition stratégique de la cotation principale de CRH vers le New York Stock Exchange.
Albert Manifold, qui a rejoint CRH en 1998 et est devenu PDG en janvier 2014, quittera le conseil d'administration et renoncera à ses responsabilités exécutives le 31 décembre 2024. Il continuera à agir en tant que conseiller pour CRH pendant 12 mois supplémentaires.
CRH plc (NYSE: CRH), der führende Anbieter von Lösungen im Bereich Baustoffe, hat einen Nachfolgeplan für den CEO angekündigt. Albert Manifold, der derzeitige CEO, wird Ende 2024 in den Ruhestand gehen. Sein Nachfolger wird Jim Mintern, der derzeitige Finanzvorstand des Unternehmens, sein.
Jim Mintern ist seit 22 Jahren bei CRH und hat über 30 Jahre Erfahrung in der Baustoffindustrie. Er hat verschiedene leitende Führungspositionen innegehabt und ist seit Juni 2021 Vorstandsmitglied. Mintern hat kürzlich die strategische Umstellung der Hauptnotierung von CRH an die New Yorker Börse geleitet.
Albert Manifold, der 1998 zu CRH kam und im Januar 2014 CEO wurde, wird am 31. Dezember 2024 aus dem Vorstand ausscheiden und seine geschäftlichen Aufgaben niederlegen. Er wird weitere 12 Monate als Berater für CRH tätig sein.
- Smooth leadership transition with internal candidate Jim Mintern appointed as next CEO
- Jim Mintern brings 30 years of industry experience and 22 years with CRH
- Mintern led the strategic transition of CRH's primary listing to the NYSE
- Albert Manifold will continue as an advisor for 12 months after stepping down
- None.
CRH announces the appointment of Jim Mintern as next Chief Executive Officer, succeeding Albert Manifold who retires at the end of 2024.
This document contains inside information
CRH announces the appointment of Jim Mintern (right) as next Chief Executive Officer, succeeding Albert Manifold (left) who retires at the end of 2024 (Photo: Business Wire)
Mr. Mintern is currently CRH’s Chief Financial Officer and has been a director of its board since June 2021. He has over 30 years of experience in the building materials industry and 22 years with CRH, serving in various senior leadership roles. Mr. Mintern has deep industry knowledge, has led a variety of operational businesses, and is an accomplished developer of teams and people. He also has extensive portfolio management, financial and capital markets expertise. Most recently, Mr. Mintern led the strategic transition of CRH’s primary listing to the New York Stock Exchange.
Mr. Manifold has held varied responsibilities with CRH since he joined in 1998. He was appointed Chief Executive Officer in January 2014. Mr. Manifold will step down from the board and relinquish his executive responsibilities on December 31, 2024. He will continue as an advisor to CRH for a further 12 months.
Announcing the appointment, Richie Boucher, Chairman of CRH said:
“The Board has a significant focus on succession planning throughout CRH. With the support of independent advisors, we have followed best practice, including a review of external candidates, and we have carefully monitored the development plans for potential internal candidates.”
“Over recent years we have closely observed Jim’s character, qualities and abilities, as well as his significant influence on the evolution of CRH. We are very pleased to have a successor of such caliber and are confident that Jim is best positioned to lead the CRH team, building the future of the company for the benefit of our investors, customers, colleagues and communities.”
“Jim will become the Chief Executive Officer of a high performing company in robust strategic and financial health, after 11 years of exceptional leadership from Albert.”
“CRH has made enormous progress thanks to Albert’s clear vision and his leadership of a talented, hard-working team. CRH is a very focused, high performing group and is recognized by its customers as the industry’s leading provider of innovative building materials solutions. Under Albert’s leadership CRH has delivered superior growth and performance with consistently improving profitability, cash generation and returns.”
Chief Executive Officer Albert Manifold said:
“I am pleased that Jim, who has a deep understanding of CRH, will succeed me when I retire at the end of this year. This will be his time.”
“Jim’s experience, capabilities and ambition for the business ideally position him to lead the CRH team forward through an era of enormous opportunity.”
“It has been a privilege to lead CRH. I am profoundly grateful to my colleagues within the business and on the board for their commitment and support over the years as the entire team has strengthened and grown our company, positioning CRH for a bright future ahead.”
Jim Mintern, incoming Chief Executive Officer said:
“It is an incredible honor for me to be appointed the next CEO at such an exciting time for CRH.”
“CRH has an impressive legacy of continuous growth and financial performance by providing value enhancing solutions for its customers. I look forward to working alongside our highly talented team as we build on this foundation and continue to successfully grow the business while delivering exceptional returns for our shareholders.”
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (as incorporated into
About CRH
CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing approximately 78,500 people at approximately 3,390 operating locations in 28 countries, CRH has market leadership positions in both
Forward-Looking Statements
Some statements in this news release may constitute forward-looking statements, including with respect to CRH’s future growth prospects. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements, including the risks and uncertainties described under “Risk Factors” in Part 1, Item 1A of CRH’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed with the SEC and in CRH's other filings with the SEC.
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Albert Manifold, Chief Executive
Jim Mintern, Chief Financial Officer
Lauren Schulz, Chief Communications Officer
Tom
Source: CRH plc
FAQ
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