01—Abstract
Summary
Summary of the 8-K filed December 6, 2024. Cited figures are marked; the original filing is the authoritative source.
CRH announced on December 6, 2024 that Alan Connolly, a 30-plus year CRH finance veteran currently serving as Director of Strategic Finance, will become Interim Chief Financial Officer effective January 1, 2025.
The appointment is a direct consequence of the previously announced succession plan in which current CFO Jim Mintern becomes Chief Executive Officer on the same date, succeeding Albert Manifold. The filing is an administrative leadership transition rather than a financial or operational disclosure, and it contains no earnings, guidance, or balance sheet information. For investors, the key points are continuity and execution risk.
Connolly is a Chartered Accountant who previously served as CFO of the Global Building Products Division and as Director of Group Finance, and he has worked closely with Mintern on finance initiatives, which supports a smooth handover. The Company has engaged an independent recruitment consultant to search for a permanent CFO, considering both internal and external candidates, so the interim period is expected to be temporary, though the timing of a permanent appointment has not been disclosed. The filing also confirms standard governance disclosures: there are no arrangements under which Connolly was selected, no family relationships with directors or executive officers, and no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.
The press release was furnished under Item 7.01 (Regulation FD) and is not deemed filed for Exchange Act liability purposes. No change to compensation or financial guidance was reported.
02—Key points
Key Highlights
- Alan Connolly (age 56) appointed Interim CFO effective January 1, 2025, while currently serving as Director of Strategic Finance.
- Appointment follows the previously announced September 24, 2024 move of CFO Jim Mintern to Chief Executive Officer on the same date.
- Connolly is a Chartered Accountant with over three decades of CRH finance experience, including CFO of Global Building Products and Director of Group Finance; he previously was an auditor at KPMG.
- A search for a permanent CFO is underway with an independent recruitment consultant, considering internal and external candidates; no timeline was disclosed.
- No related-party transactions, family relationships, or selection arrangements were disclosed for Connolly.
- The filing contains no financial results, guidance, or compensation terms; the press release was furnished under Item 7.01 (Regulation FD).
03—Questions
Frequently Asked Questions
Who is replacing Jim Mintern as CFO?
Alan Connolly has been appointed Interim Chief Financial Officer effective January 1, 2025. Mintern is becoming Chief Executive Officer on the same date, and a permanent CFO has not yet been named.
Is Alan Connolly qualified for the role?
Connolly is a Chartered Accountant with over 30 years of finance experience at CRH, including senior roles in European and Americas businesses, CFO of the Global Building Products Division, and Director of Group Finance. He previously worked as an auditor at KPMG and has collaborated closely with Mintern on finance initiatives.
When will CRH name a permanent CFO?
The filing does not provide a timeline. CRH says a robust search, supported by an independent recruitment consultant, is ongoing and includes both internal and external candidates.
Does this change CRH's financial outlook?
The filing contains no financial results, guidance, or outlook changes. It is an executive transition disclosure, though investors may monitor execution risk during the interim period.
04—Continue