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CRH names interim CFO

A night time photo of the Jura Cement Plant, Wildegg, Switzerland, which produces approximately 1 million tonnes of cement for the Swiss market and is a leader in the use of alternative fuels. CRH's Jura Cement Plant, Wildegg, Switzerland produces approximately 1 million tonnes of cement for the Swiss market and is a leader in the use of alternative fuels.

Building materials giant CRH has announced that Alan Connolly will step in as interim chief financial officer (CFO) from 1 January 2025. This appointment follows the promotion of the current CFO, Jim Mintern, to chief executive officer on the same date.

CRH, which operates in Europe and the Americas, is the world’s largest building materials provider, with key markets including the UK, the US, and continental Europe. The Dublin-based firm specialises in aggregates, cement, and concrete products.

Connolly, a chartered accountant, brings over 30 years of finance experience at CRH to the role. He has previously served in senior positions across CRH’s European and Americas divisions, including as finance and performance director of Europe Materials, CFO of Global Building Products, and director of group finance. Most recently, he worked as CRH’s director of strategic finance. Before joining CRH, Connolly worked as an auditor with KPMG.

"Alan brings extensive and relevant expertise to the interim chief financial officer role and is deeply familiar with CRH’s business and financials," said Jim Mintern, CRH’s incoming chief executive officer. "As our director of strategic finance, Alan and I have worked closely together on key finance initiatives, and I look forward to continuing to partner with him to execute on our strategy and drive value for our shareholders."

CRH has said its search for a permanent CFO is ongoing, with both internal and external candidates being considered. An independent recruitment consultant is supporting the process.

The company reported revenue of $35 billion (£28.6 billion) in 2023, underlining its significant role in the global construction sector.

 

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