Building materials company names next chief executive
Chief Chief Albert Mintern New Jim Crh Manifold Executive Outgoing With Executive
Building supplies company CRH has named its chief financial officer Jim Mintern as the successor to chief executive Albert Manifold who is set to retire at the end of the year.
Mr Mintern has spent the last 22 years working with CRH in various senior leadership roles and has been a director at the company since June 2021. He also led the transition of CRH’s primary listing to the New York Stock Exchange last year.
Mr Manifold is due to step down on December 31, having held the position of chief executive since January 2014. He will also step down from the board and relinquish his executive responsibilities.
Speaking on the appointment, CRH chairman Richie Boucher said the board was confident Mr Mintern was “best positioned” to build the future of the company “for the benefit of our investors, customers, colleagues and communities”.
“CRH has made enormous progress thanks to Albert’s clear vision and his leadership of a talented, hard-working team. Under Albert’s leadership, CRH has delivered superior growth and performance with consistently improving profitability, cash generation and returns,” he added.
Mr Mintern said CRH had 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,” he said.
CRH employs about 78,500 people across 28 countries.