8-KLeadership ChangesRegulation FDExhibits & Filings

CRH PUBLIC LTD CO 8-K Report, Executive Changes (Dec 6, 2024)

Filed December 6, 2024For Securities:CRH

Summary

CRH Public Limited Company (CRH) has announced a key leadership change with the appointment of Alan Connolly as Interim Chief Financial Officer, effective January 1, 2025. Mr. Connolly, currently the Director of Strategic Finance, brings over three decades of extensive financial experience within CRH and prior audit experience at KPMG. This appointment follows the departure of the previous CFO and signals the commencement of a search for a permanent successor. Investors should note that Mr. Connolly's interim role is a strategic move to ensure continuity in financial leadership during the transition period. The company is actively engaged in a search process, utilizing an independent recruitment consultant, to find a permanent Chief Financial Officer. Mr. Connolly's deep understanding of CRH's global operations, particularly in its European and Americas businesses, combined with his recent role in Strategic Finance, positions him well to manage the company's financial affairs during this interim period. His extensive tenure and diverse senior finance roles within the organization suggest a smooth handover and continued financial oversight.

Key Highlights

  • 1Alan Connolly appointed Interim Chief Financial Officer, effective January 1, 2025.
  • 2Mr. Connolly has over 30 years of finance experience, with a significant portion at CRH.
  • 3A search for a permanent Chief Financial Officer is underway, assisted by an independent recruitment consultant.
  • 4Mr. Connolly currently serves as CRH's Director of Strategic Finance.
  • 5His prior roles include CFO of Global Building Products Division and various senior finance positions in Europe and Americas.
  • 6The company issued a press release on December 6, 2024, regarding this appointment.
  • 7There are no disclosed arrangements or conflicts of interest related to Mr. Connolly's appointment.

Frequently Asked Questions

The appointment of an Interim CFO is a standard practice to ensure continuity in financial leadership during a transition period, such as the search for a permanent successor to the previous CFO.

Alan Connolly is a Chartered Accountant with over three decades of finance experience. He has held various senior finance roles within CRH across its European and Americas businesses, including Director of Strategic Finance since 2023, CFO of the Global Building Products Division, and Director of Group Finance. He also has prior audit experience at KPMG.

The filing does not specify a timeline for the permanent CFO appointment. CRH has stated that a search is currently underway, assisted by an independent recruitment consultant.

This appointment signifies a leadership transition within the finance department. Investors can be assured that financial operations will be managed by an experienced internal executive, Alan Connolly, while the company seeks a permanent CFO. His long tenure at CRH suggests a deep understanding of the company's financial strategies and operations.