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CRH names Jim Mintern as next CEO as Albert Manifold announces retirement plans
September 24, 2024 By Mike Lacey
Albert Manifold, Chief Executive (left) andJim Mintern, Chief Financial Officer, pictured at the CRH Plc. AGM at the Royal Marine Hotel, Dublin. Photo: Robbie Reynolds NEW YORK – Albert Manifold is retiring as CEO of CRH at the end of this year. He will be succeeded by Jim Mintern.
Mintern is currently CRH’s Chief Financial Officer and has been a director of its board since June 2021. He has more than 30 years of experience in the building materials industry and 22 years with CRH, serving in various senior leadership roles. Most recently, Mintern led the strategic transition of CRH’s primary listing to the New York Stock Exchange.
“It is an incredible honor for me to be appointed the next CEO at such an exciting time for CRH,” said Mintern. “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.”
Manifold has held varied responsibilities with CRH since he joined in 1998. He was appointed Chief Executive Officer in January 2014.
“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,” said Manifold. “Jim’s experience, capabilities and ambition for the business ideally position him to lead the CRH team forward through an era of enormous opportunity.”
Manifold will step down from the board and relinquish his executive responsibilities on Dec. 31, 2024. He will continue as an advisor to CRH for a further 12 months.
“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,” said Richie Boucher, Chairman of CRH. “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.”
CRH is a leading provider of building materials solutions that build, connect and improve our world. The company employs 78,500 people around the world, including more than 4,000 employees in Canada.
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