CRH Names CFO Jim Mintern As CEO, Effective 2024 End, Succeeding Albert Manifold
Portfolio Pulse from Benzinga Newsdesk
CRH plc (NYSE:CRH) announces that Jim Mintern, currently CFO, will succeed Albert Manifold as CEO at the end of 2024. Mintern has extensive experience in the building materials industry and has been with CRH for 22 years.
September 24, 2024 | 6:45 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CRH plc has announced a leadership transition with Jim Mintern set to become CEO at the end of 2024. Mintern's extensive experience and previous role as CFO suggest a smooth transition and potential strategic continuity.
The announcement of a new CEO is significant for CRH, as leadership changes can impact company strategy and operations. However, since Mintern is an internal hire with extensive experience, the transition is likely to be smooth, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100