27th Apr 2015 06:18
LONDON (Alliance News) - Irish building materials company CRH PLC Monday said it will shortly start looking for a new finance director after it said the current holder of the role, Maeve Carton, will lead a new strategic function from the start of 2016.
In a statement, CRH said Carton will become group transformation director, identifying and implementing the optimum financial and business model for the group in the years ahead.
"In this new role, 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," it said.
Carton will remain finance director until a successor is found, with CRH hoping to complete the process by the end of the year.
By Steve McGrath; [email protected]; @stevemcgrath1
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