Sources: CRH Plc, Dublin; CP staff
Nicky Hartery, chairman of the CRH Americas and Oldcastle parent company, will retire at the end of December after eight years in the post and with recognition from Chief Executive Albert Manifold for “significant contributions, including stewardship following the financial crisis and overseeing the reshaping of [our] portfolio and ongoing business improvement initiatives.”
Hartery’s successor, Richard Boucher, will take the helm January 1. He has chaired the Renumeration Committee since September 2018, and brings a background in senior management roles with Ulster Bank, Royal Bank of Scotland and Bank of Ireland Group, serving as chief executive of the latter from 2009-2017. Concurrent with Boucher’s appointment as chairman designate, the CRH board named as non-executive director Johan Karlström, who serves in a similar capacity with mining equipment giant Sandvik AB, and was Skanska AB president and chief executive officer from 2008-2017.