Europe / Middle East / Africa
CRH appoints new chairman
Feb, 28 2012
(Ireland) -- CRH has today announced the appointment of Nicky Hartery as chairman designate.
Hartery will succeed the current chairman, Kieran McGowan, when he retires after the company’s AGM on 9 May 2012. McGowan has been chairman since May 2007 and a board member since 1998.
Hartery, who joined the board of CRH in 2004, was vice president of manufacturing and business operations for Dell’s Europe, Middle East and Africa (EMEA) operations from 2000 to 2008. Before joining Dell he was executive vice president at Eastman Kodak. He was also previously president and CEO at Verbatim Corporation in the United States.
He is currently chief executive of consulting company Prodigium and a non-executive director of Musgrave Group and Eircom.
He is a chartered engineer, a fellow of the Institute of Engineers of Ireland, an electrical engineering graduate from University College Cork and holds an MBA from University College Galway.
CRH also announced the co-option to the board today of Heather Ann McSharry as a non-executive director. McSharry is Chairman of the board of trustees of Bank of Ireland Pension Fund and a director of Ergonomics Solutions International, IDA Ireland and the Institute of Directors.
She is a former managing director of Reckitt Benckiser and Boots Healthcare in Ireland and was previously a director of Bank of Ireland and Enterprise Ireland. She holds a BComm and an MBS from UCD.
French construction materials group Saint-Gobain is aiming for €4 billion of acquisitions between 2013 and 2018.
The group, which is primarily focusing on external growth outside of Europe, has carried out €1.3 billion of acquisitions since mid-2010, and in addition to refocusing its activity with the sale of glass division Verallia to Ardagh, the group hopes to generate €800 million of additional savings between 2014 and 2015.
Small and medium acquisitions are to be targeted, with a particular focus on the industrial and housing markets.
For the fourth-quarter of 2013, Saint-Gobain expects a relaunch in construction activity in the UK and Germany, while continental Europe as a whole is expected to continue to stabilise. More
The UK’s Mineral Products Association – Cement has published its first full sustainable development report. More