BUSINESS: James Hardie Industries Announces Management Appointments

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By Daniel Webster, dWeb.News Publisher

SYDNEY & CHICAGO–(BUSINESS WIRE)–James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, announced the appointment of Ryan Kilcullen as Senior Vice President, Global Operations, and the appointment of John Arneil as General Manager of Asia Pacific.

Mr. Kilcullen has over 14 years of progressive experience at James Hardie within North America Supply Chain Operations, Engineering, Construction and Lean/HMOS. This new role will have a major focus on delivering the large global capacity expansion program. It will also be responsible for the global construction and engineering teams. Ryan will also lead the global safety and procurement team and lead the centers of excellence for HMOS Supply Chain, Quality, and Quality, which will be focused on the delivery best practices in all three regions.

Mr. Arneil has over 19 years of experience at James Hardie, with the last 10 years spent in the Asia Pacific business, most recently as Country Manager of Australia and New Zealand. John has international experience as a leader in our Asia Pacific business. He also managed our Canadian business. As Country Manager of Australia and New Zealand during our transformation these past three years, John has led those businesses to record results, including a stellar first half of fiscal year 2022 as reported on 9 November 2021; our APAC segment first half fiscal year 2022 net sales increased 23% and Adjusted EBIT increased 27% at an EBIT Margin of 29.2%.

CEO Harold Wiens commented on Ryan’s promotion. He stated that Ryan was a key leader in the successful implementation of strategic foundational initiatives that have transformed our company over the past three years. Ryan was integral in the Hardie Manufacturing Operating Systems (HMOS) implementation in North America. He also led the integration of our supply chains with North American customers. This new role brings together our large global capacity expansion program under one executive head. Ryan will oversee teams in the three regions to carry out greenfield and brownfield expansions. Wiens said that John’s promotion into the GM position in APAC was an easy one. John has been a key leader within our APAC organization for over 10 years, including his current role as country manager of Australia and New Zealand which represent over 80% of our APAC region profits. “I have no doubt that he’ll continue to help his group deliver outstanding results for the entire APAC region.”

The Company has advised that Dr. Moe Nozari, a non-executive Director of the Company, has resigned. The Board thanks Dr. Nozari and his significant contributions since his appointment.

Mr. Kilcullen holds a Bachelor of Science degree in Industrial Engineering from Rensselaer Polytechnic Institute, and a Master of Engineering Logistics from Massachusetts Institute of Technology.

Mr. Arneil holds a Bachelor of Business Management degree from The University of Queensland, and a Master of Business Administration degree from The University of Leicester.

Forward-Looking Statements

This Media Release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of James Hardie to be materially different from those expressed or implied in this release, including, among others, the risks and uncertainties set forth in Section 3 “Risk Factors” in James Hardie’s Annual Report on Form 20-F for the year ended 31 March 2021; changes in general economic, political, governmental and business conditions globally and in the countries in which James Hardie does business; changes in interest rates; changes in inflation rates; changes in exchange rates; the level of construction generally; changes in cement demand and prices; changes in raw material and energy prices; changes in business strategy and various other factors. Actual results could differ materially from the described results if any of these uncertainties or risks materialize or if underlying assumptions prove to be incorrect. James Hardie is not obligated to correct or update the information in this Media Release, except as required by law.

The Chief Financial Officer, Mr. Jason Miele has authorized this media release.

James Hardie Industries plc is a limited liability company incorporated in Ireland with its registered office at Europa House, 2nd Floor, Harcourt Centre, Harcourt Street, Dublin 2, D02 WR20, Ireland

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