Summary
CRH plc has announced significant changes to its senior management within the CRH Europe Materials division. This filing details the planned retirement of two key executives: Declan Doyle, Managing Director of CRH Europe Materials, who will retire on June 30, 2007, and Tony O'Loghlen, Chief Operating Officer of CRH Europe Materials, who will retire on January 31, 2007. Both executives have had long tenures with the company, with a combined service of approximately 70 years, and have been instrumental in the growth of the EUR3 billion business. To ensure a smooth transition, CRH has appointed Albert Manifold as Managing Director Designate for CRH Europe Materials, effective immediately, and he will officially succeed Declan Doyle upon his retirement. Albert Manifold has a strong internal track record within CRH, having held various senior roles since joining in 1998. Henry Morris has been appointed to succeed Tony O'Loghlen as Chief Operating Officer, effective February 1, 2007. Henry Morris has a long history with CRH, rejoining in 2001 after an earlier tenure, and has extensive experience within the division.
Key Highlights
- 1Planned retirement of Declan Doyle (Managing Director, CRH Europe Materials) effective June 30, 2007.
- 2Planned retirement of Tony O'Loghlen (Chief Operating Officer, CRH Europe Materials) effective January 31, 2007.
- 3Albert Manifold appointed Managing Director Designate, CRH Europe Materials, to succeed Declan Doyle.
- 4Henry Morris appointed Chief Operating Officer, CRH Europe Materials, to succeed Tony O'Loghlen.
- 5Declan Doyle will step down from the CRH Board upon his retirement.
- 6The CRH Europe Materials division is a significant EUR3 billion business.
- 7The company expresses gratitude for the contributions of the retiring executives and confidence in the new leadership.