James Hardie Stock Price, News & Analysis

LanzaTech NZ, Inc. has announced the appointment of Joseph C. Blasko as General Counsel and Corporate Secretary. Mr. Blasko previously led the legal department at James Hardie Industries and held key roles at Liebert Corporation and The Scotts Miracle-Gro Company. His extensive experience in public companies is expected to aid LanzaTech as it advances its carbon transformation solutions. LanzaTech aims to revolutionize carbon use by converting waste into sustainable products.

James Hardie Industries plc (ASX: JHX; NYSE: JHX) announced the appointment of Renee Peterson as a Non-Executive Director, effective 30 November 2022. Currently the Vice President and CFO of The Toro Company, she brings extensive experience in finance and leadership from her tenure at Eaton Corporation and Honeywell International. This addition increases the board to 8 non-executive directors, with plans for further refreshment. Chairperson Anne Lloyd expressed confidence in Peterson's contributions to the board's strategic direction.

James Hardie Industries reported a 10% increase in global net sales to US$997.6 million for Q2 FY2023, with adjusted net income up 13% to US$175.8 million.

The North America segment saw an 18% rise in net sales to US$750.6 million. However, the Euro-building products segment faced challenges, with a 2% decline in net sales and a 69% drop in EBIT.

Adjusted net income guidance is now set at US$650 million to US$710 million, down from previous estimates, reflecting anticipated market uncertainties.

James Hardie Industries plc has officially appointed Anne Lloyd as Chairperson, effective 3 November 2022. Lloyd succeeds Michael Hammes, who served over 15 years in this role. Both leaders emphasized the importance of strong executive leadership and the company's commitment to shareholders. CEO Aaron Erter expressed enthusiasm for collaboration with Lloyd to ensure long-term profitable growth. The announcement also highlights potential risks and uncertainties that could affect future performance, as outlined in their Annual Report.

James Hardie Industries (ASX: JHX) has appointed Christian Claus as President Europe, enhancing its leadership in the region. Claus brings extensive experience from Tarkett, Air Liquide, and 3M, aiming to drive growth through innovation in high-performance fiber cement and gypsum solutions. Additionally, ESG, IT, and Transformation teams will now report directly to CEO Aaron Erter, facilitating better strategic integration. These moves are expected to boost operational capabilities and market presence in Europe.

James Hardie Industries plc has appointed Mr. Aaron Erter as Chief Executive Officer, effective immediately. He brings over 20 years of leadership experience, including roles at Sherwin Williams and PLZ Corporation. Chairman Mike Hammes stated that Mr. Erter's experience and capabilities align with the company's growth ambitions. The Board believes his leadership will strengthen James Hardie's competitive position in the market. Mr. Erter expressed enthusiasm about joining the company and aims to drive innovation and growth.

James Hardie Industries (NASDAQ: JHX) has launched The Magnolia Home | James Hardie Collection curated by Chip and Joanna Gaines. This exclusive range features a variety of nature-inspired siding products and accessories designed for long-lasting beauty and durability. With innovative ColorPlus® Technology, the collection includes popular styles such as plank, shingle, and board-and-batten siding. Sean Gadd, President of James Hardie North America, emphasized the collaboration's goal to simplify exterior design for homeowners, enhancing curb appeal while providing protection against harsh weather.

James Hardie Industries (NYSE:JHX) reported strong first-quarter results for fiscal year 2023, with global net sales rising by 19% to US$1,000.9 million. Adjusted net income also increased by 15% to US$154.3 million. The company raised its fiscal year 2023 adjusted net income guidance to a range of US$730 million to US$780 million. The North America Fiber Cement segment enjoyed a 28% increase in net sales, while the global adjusted EBIT grew by 15% to US$208.4 million, reflecting strong operational execution.

James Hardie Industries plc (NYSE:JHX) announces significant leadership changes, appointing Anne Lloyd as Deputy Chairperson and successor to Michael Hammes, who will retire post the November 2022 Board meeting. Lloyd, a seasoned corporate executive with extensive experience in the building materials sector, expressed excitement in her new role. Additionally, Peter-John Davis joins the Board as a Non-Executive Director, bringing over 40 years in the retail and trade industries. The company aims to enhance its Board representation and plans to appoint a new CEO within the next month.