James Hardie Announces CFO Resignation
James Hardie Industries plc (the “Company”) announced that Mr Matthew Marsh, Chief Financial Officer (“CFO”) and Executive Vice President – Corporate, has resigned to pursue other opportunities.
James Hardie’s CEO, Dr Jack Truong, noted, “I want to thank Matt for his contributions to James Hardie over the past six years and wish him the best of luck in his future endeavors.”
The company also announced today the appointment of Ms Anne Lloyd as the company’s Interim CFO, effective immediately. Ms Lloyd, an experienced corporate and finance executive, has been a member of the company’s Board of Directors since November 2018. Previously, Ms Lloyd served as Chief Financial Officer of Martin Marietta Materials, Inc. a leading supplier of aggregates and heavy building materials, for over 12 years from June 2005 until her retirement in August 2017. She joined Martin Marietta in 1998 and served in a number of corporate finance roles prior to becoming CFO, including Controller, Chief Accounting Officer and Treasurer. Earlier in her career, Ms Lloyd spent 14 years with Ernst & Young LLP (1984-1998), rising to senior manager and client service executive for the natural resources, mining, insurance and healthcare industries.
As Interim CFO, Ms Lloyd will report directly to the CEO and continue to serve on the Board of Directors, but will no longer serve as a member of the Audit Committee. All of Mr Marsh’s previous direct reports will report directly to Ms Lloyd with the exception of Mr Jason Miele, Vice President – Investor and Media Relations; Mr Miele will report directly to Dr Truong.
Dr Truong commented, “Anne’s significant executive experience and her knowledge of James Hardie as a Board member for the past year provides the Company with a strong leader to ensure seamless continuity while we conduct our search for a new CFO who will help lead the strategic growth initiatives of the company going forward.”
The search for a new CFO will commence immediately.
Jason Miele – Vice President Investor & Media Relations – email@example.com – +61 2 8845 3352
Source: James Hardie Industries plc