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Steve Rowley to retire as president and CEO from Eagle Materials
Written by Global Cement staff
27 January 2016
US: Steve Rowley will retire as president and CEO of Eagle Materials on 31 March 2016. Dave Powers, Executive Vice President for Gypsum Wallboard at Eagle since 2005, will succeed Rowley as President and CEO. He will also be appointed to the Board of Directors.
"Steve has positioned Eagle for an exciting future. He has led the doubling of the scale of our cement business and has guided the growth of our gypsum wallboard business in achieving its nation-wide scope. He also has successfully led the company through the longest and most challenging construction market down-cycle in US history," said Larry Hirsch, Chairman of the Board. Health reasons were cited for Rowley's retirement.
Dave Powers, aged 65, holds over 35 years of experience in the building materials industry. He joined Eagle Materials (formerly Centex Construction Products) in 2002 as Executive Vice President, Sales and Marketing. In January 2005, he was promoted to his role as Eagle's Executive Vice President for Gypsum (and President, American Gypsum Company LLC).
HeidelbergCement Ukraine appoints Thiede as Board Chairperson
Written by Global Cement staff
12 January 2016
Ukraine: Dnipropetrovsk-based HeidelbergCement Ukraine has appointed Silvio Thiede as the Board Chairperson, effective from 11 January 2016.
Kakatiya Cement's Chairman and Managing Director passes away
Written by Global Cement staff
11 January 2016
India: Kakatiya Cement Sugar & Industries' Chairman and Managing Director, Shri. P Venkateswarlu, passed away on 11 January 2016.
Luis Ali named new Group Finance Manager of Trinidad Cement Limited
Written by Global Cement staff
08 January 2016
Caribbean: Caribbean Cement's parent company Trinidad Cement Limited (TCL) has appointed Luis Ali has as Group Finance Manager, effective from 4 January 2016.
UltraTech Cement appoints K K Maheshwari as Managing Director
Written by Global Cement staff
04 January 2016
India: UltraTech Cement has appointed K K Maheshwari as Managing Director and Additional Director for a period of four years with effect from 1 April 2016. Maheshwari is a chartered accountant with over 38 years of experience.
The post was previously held by O P Puranmalka, who will cease to be the company's Managing Director on 31 March 2016, but will continue as a Non-executive Director from 1 April 2016.