CRH plc has announced that starting from 1 January 2016, Maeve Carton, Group Finance Director, will lead a new strategic group function within CRH.
As Group Transformation Director, Maeve will identify and implement the optimum financial and business model for the group in the years ahead. Maeve will drive improved shareholder returns by identifying further synergies, efficiencies and cash generation opportunities as CRH continues to grow and acquire new businesses. She will report to, and work closely with, the Group Chief Executive, Albert Manifold, and will continue to contribute directly to the Board as an Executive Director.
CRH will begin the search for a new Finance Director shortly and it is foreseen that this process will be completed by the end of the year. Maeve will continue as Finance Director until her replacement has been appointed, supporting an effective transition process.
Group Chief Executive, Albert Manifold, said: “This is a key role for the future of CRH at a time of change. Maeve’s experience and insight into the structures and operations of CRH are invaluable at this time of transformation.”
Maeve Carton commented: “This is a challenging opportunity for me at a very exciting time for CRH and I look forward to taking on this new role.”
Adapted from press release by Joseph Green