CRH Appoints Group Finance Director Designate

Rhea-AI Summary

CRH plc has announced the appointment of Jim Mintern as the new Group Finance Director, effective June 1, 2021, succeeding Senan Murphy. Jim, a Chartered Accountant, brings over 30 years of experience in the building materials industry, including nearly 20 years at CRH. He has held various senior roles, including Country Manager for Ireland and Chief of Staff to the CEO. Albert Manifold, Group Chief Executive, expressed confidence in Jim's financial and industry expertise at a critical time for the Group.

Positive

• Jim Mintern brings over 30 years of industry experience to the role.
• His appointment is seen as timely for the company's strategic direction.

Negative

• The retirement of Senan Murphy may lead to concerns about continuity in financial leadership.

DUBLIN / ACCESSWIRE / March 23, 2021 / CRH plc, (LSE:CRH)(ISE:CRG)(NYSE:CRH) the leading building materials business in the world, is pleased to announce that Jim Mintern will assume the role of Group Finance Director on 1 June 2021, following the retirement of Senan Murphy as previously announced. Jim will join the Board of Directors with effect from 1 June 2021.

Jim (54), is a Chartered Accountant and holds a Bachelor of Commerce degree from University College Dublin. He has over 30 years of experience in the building materials industry, nearly 20 years of which have been with CRH.

He joined CRH in Ireland as Finance Director for Roadstone in 2002 and since then has held several senior positions across the Group, including Country Manager for Ireland and Managing Director of each of the Western and Eastern regions of our Europe Materials business.

Jim is an Executive Vice President of CRH plc and a member of the Group's Global Leadership Team. In his most recent role as Chief of Staff to the CEO he has worked closely with divisional and operational leadership, having oversight of Group performance programmes and leading the planning and execution of some of the Group's recent large acquisitions including Ash Grove in North America in 2018.

Albert Manifold, Group Chief Executive, said: "I am very pleased that Jim has been appointed to this role. His strong financial background, coupled with his extensive industry experience, prepares him well for this critical leadership role and comes at an important time for the Group".

Contact CRH at Dublin 404 1000 (+353 1 404 1000)

Albert Manifold	Chief Executive
Senan Murphy	Finance Director
Frank Heisterkamp	Director of Capital Markets & ESG
Tom Holmes	Head of Investor Relations

About CRH

CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is the leading building materials business in the world, employing c.77,000 people at c.3,100 operating locations in 30 countries. It is the largest building materials business in North America and in Europe. It also has positions in Asia and South America. CRH manufactures and supplies a range of integrated building materials, products and innovative solutions which can be found throughout the built environment, from major public infrastructure projects to commercial buildings and residential structures. A Fortune 500 company, CRH is a constituent member of the FTSE 100 Index, the EURO STOXX 50 Index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH's American Depositary Shares are listed on the NYSE. For more information visit www.crh.com.

Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland

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SOURCE: CRH PLC

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FAQ

Who is the new Group Finance Director of CRH?

Jim Mintern has been appointed as the new Group Finance Director of CRH plc, effective June 1, 2021.

What experience does Jim Mintern bring to CRH?

Jim Mintern has over 30 years of experience in the building materials industry, with nearly 20 years at CRH in various senior roles.

Why is Jim Mintern's appointment significant for CRH?

His financial expertise and extensive industry experience are expected to support CRH's strategic goals at a critical time.

What impact might the transition from Senan Murphy to Jim Mintern have?

There may be concerns about continuity in financial leadership following Senan Murphy's retirement.