Eagle Materials CEO Dave Powers is to retire as an officer of the company effective from 1 July.
Powers, 68, will remain on the board of directors at the US company which manufactures and distributes Portland cement, gypsum wallboard and recycled gypsum paperboard, concrete, sand and aggregates.
Current president and COO Michael Haack will succeed Powers as CEO. The company says the move represents the culmination of a multi-year succession plan and a comprehensive set of transition preparedness step