James Hardie CEO steps down

Company News

by Rachael Jones

Building product manufacturer James Hardie Industries (ASX:JHX) announced today that Dr Jack Truong, currently the Company’s President of International, will succeed long-standing CEO Louis Gries as the incoming CEO.

Dr Truong will continue to be based out of North America, and will be formally appointed to the CEO role toward the end of the company’s 2019 fiscal year.

He currently has responsibility for the operations of the Asia Pacific Fiber Cement business and the Europe Building Products business.

Louis Gries joined James Hardie in 1991, becoming CEO in February 2005.

Shares in James Hardie Industries (ASX:JHX) closed 1.23 per cent lower to $20.87.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.