CRH PLC (NYSE: CRH), a leading provider of building materials solutions, has announced the appointment of Jim Mintern as the next Chief Executive Officer, succeeding Albert Manifold, who will retire at the end of 2024.
Albert Manifold, who has been serving as the Chief Executive Officer since January 2014, will step down from the board and relinquish his executive responsibilities on December 31, 2024, but will continue as an advisor to CRH for a further 12 months.
Jim Mintern, currently CRH’s Chief Financial Officer and a director of its board since June 2021, has been appointed as the next CEO. He has over 30 years of experience in the building materials industry and 22 years with CRH, where he has served in various senior leadership roles.
During Albert Manifold's leadership, CRH has delivered superior growth and performance with consistently improving profitability, cash generation, and returns. The company is recognized by its customers as the industry’s leading provider of innovative building materials solutions.
CRH employs approximately 78,500 people at approximately 3,390 operating locations in 28 countries, with market leadership positions in both North America and Europe.
As of the time of this announcement, CRH's shares are listed on the NYSE and LSE, and the company is ranked among sector leaders by environmental, social, and governance (ESG) rating agencies. Today the company's shares have moved -0.8% to a price of $92.5. Check out the company's full 8-K submission here.