CRH CFO Mintern to succeed retiring CEO Manifold

Sources: CRH Plc, Dublin; CP staff

The parent company of CRH Americas Materials Solutions, Ash Grove Cement, Oldcastle APG and Oldcastle Infrastructure has appointed Chief Financial Officer Jim Mintern to replace Albert Manifold, who will close an even 11 years as chief executive officer at the end of 2024. A 22-year veteran of CRH Plc, serving in various senior leadership roles, Mintern has been a director since 2021. The board credits his deep industry knowledge and track record of developing people and teams, coupled with an extensive portfolio of management, financial and capital markets expertise. In the latter area, he led the transition of CRH’s primary listing from the London Stock Exchange to the New York Stock Exchange in September 2023. Manifold will hold an advisory role for 12 months after stepping down from the board and relinquishing executive duties on December 31, capping a 26-year CRH tenure. 

Albert Manifold (left) and successor Jim Minter. 

“The board has a significant focus on succession planning throughout CRH. With the support of independent advisors, we have followed best practice, including a review of external candidates, and we have carefully monitored the development plans for potential internal candidates,” says CRH Chairman Richie Boucher. “Over recent years we have closely observed Jim’s character, qualities and abilities, as well as his significant influence on the evolution of CRH. We are very pleased to have a successor of such caliber and are confident that Jim is best positioned to lead the CRH team, building the future of the company for the benefit of our investors, customers, colleagues and communities. Jim will become the chief executive officer of a high-performing company in robust strategic and financial health, after 11 years of exceptional leadership from Albert Manifold.”

“CRH has an impressive legacy of continuous growth and financial performance by providing value enhancing solutions,” affirms Mintern.” I look forward to working alongside our highly talented team as we build on this foundation and continue to successfully grow the business while delivering exceptional returns for our shareholders.”