Sources: Boral Ltd., Sydney; CP staff
After two-and-a-half years as president of Atlanta-based Boral USA, Mike Kane has been appointed Boral Ltd. chief executive officer and managing director, effective October 1. A veteran of Hanson Building Materials America, Holcim (US), Johns Manville and U.S. Gypsum, he succeeds Ross Batstone, who became interim CEO in May upon the departure of Mark Selway.
Boral will acquire the remaining 50 percent of its U.S. concrete roof tile business, MonierLifetile, in a $75 million transaction with Monier Group
Mike Kane, perhaps the past decade’s best-traveled North American construction materials executive, has been named president of Atlanta-based Boral USA, responsible for Boral Bricks, clay masonry market leader; Boral Construction Materials, with Colorado and Oklahoma ready mixed, concrete block and aggregate operations; Boral Material Technologies, number two U.S. fly ash marketer; and, MonierLifetile, concrete and clay roof tile market leader, managed in 50/50 joint venture with Lafarge Group