MAEVE CARTON, group finance director at international building materials business CRH, is set to lead a new strategic group function within the company, starting on 1 January 2016.
As group transformation director, Carton will “identify and implement the optimum financial and business model for the group in the years ahead”. She will also “drive improved shareholder returns by identifying further synergies, efficiencies and cash generation opportunities as CRH continues to grow and acquire new businesses”.
She will report to group chief executive, Albert Manifold, and will continue to contribute directly to the board as an executive director.
Manifold said: “This is a key role for the future of CRH at a time of change. Maeve’s experience and insight into the structures and operations of CRH are invaluable at this time of transformation.”
A search will for a new FD will be completed by year end and Carton will continue in her current role until a replacement has been appointed.