Welcome to our dedicated page for James Hardie news (Ticker: JHX), a resource for investors and traders seeking the latest updates and insights on James Hardie stock.
James Hardie Industries plc (JHX) regularly issues news and updates that reflect its role as an industry leader in exterior home and outdoor living solutions. Company announcements cover developments across its portfolio of fiber cement, fiber gypsum, and composite and PVC decking and railing products, as well as governance, financial reporting and strategic initiatives.
Investors and industry followers can use this news stream to track information about James Hardie’s multi-brand portfolio, which includes Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell® and StruXure®. Releases often highlight product-focused updates, such as design initiatives like a Color of the Year for Hardie® siding or new TimberTech® railing and privacy solutions, alongside distribution partnerships that extend access to the company’s products in key markets.
From a corporate and financial perspective, James Hardie news items include earnings announcements, guidance updates and details on segment performance for Siding & Trim, Deck, Rail & Accessories, Australia & New Zealand, and Europe. The company also reports on participation in investor conferences, timing of earnings releases and conference calls, and outcomes of its Annual General Meeting, providing insight into its governance and investor engagement.
Leadership and Board changes are another recurring theme in James Hardie communications, with updates on executive appointments, Board chair transitions and the formation of committees such as the Integration and Performance Committee related to the AZEK acquisition. Together, these news items give readers a view into how James Hardie manages its global footprint, integrates acquired businesses and positions its brands within the building products and outdoor living markets. For anyone following JHX, this page offers a centralized view of company-issued developments over time.
James Hardie Industries (NYSE: JHX) announced the appointment of James Johnson as its new Chief Information Officer (CIO). With over 25 years of IT experience, including 15 years as CIO in various sectors, Mr. Johnson aims to drive a focused IT vision in alignment with the company's global strategic plan. Interim CEO Harold Wiens praised Johnson's leadership skills and technology solutions expertise, which are expected to enhance business value. Johnson expressed enthusiasm about joining the company during its phase of profitable growth.
James Hardie Industries (NYSE: JHX) has announced key management changes, appointing Ryan Kilcullen as Senior Vice President of Global Operations and John Arneil as General Manager for Asia Pacific. Kilcullen brings over 14 years of experience, focusing on global capacity expansion, safety, and procurement. Arneil has spent 19 years at the company, recently leading the Australia and New Zealand market to record results, with a 23% increase in net sales in the first half of fiscal 2022. Dr. Moe Nozari has resigned as a non-executive director.
James Hardie Industries PLC has appointed Dr. Joe Liu as the new Chief Technology Officer. Dr. Liu brings over 26 years of experience from 3M Company, having held various roles in R&D and management. His expertise will support the commercialization of innovative products aimed at enhancing home aesthetics and protection. CEO Harold Wiens expressed confidence in Dr. Liu’s leadership and vision, aligning with the company’s innovation strategy. Dr. Liu holds degrees in thermal energy and mechanics from Xi’an Jiatong University and the University of Minnesota.
James Hardie Industries has announced the termination of Jack Truong as CEO due to breaching the company’s Code of Conduct. Harold Wiens steps in as Interim CEO while a permanent CEO is sought. The company raised its Fiscal Year 2022 Adjusted Net Income guidance to US$605 million–US$625 million, up from US$580 million–US$600 million. The decision was made after employee concerns and thorough investigations. The company remains vigilant about the uncertainties posed by the COVID-19 pandemic.
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James Hardie Building Products is hosting a hiring event on December 7, 2021, seeking to fill over 45 material operator positions at their Summerville, South Carolina location. Wages start at $18.30 per hour, with a $2000 sign-on bonus and full benefits commencing on the first day of employment. Job seekers are invited for on-the-spot interviews from 8:00 a.m. to 5:00 p.m. ET. Employees will benefit from paid vacation, personal days, and promotional opportunities that increase wages on average by $0.55 every six months.
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James Hardie Industries announced record second-quarter results for fiscal year 2022, with global net sales increasing 23% to US$903.2 million and adjusted net income rising 29% to US$154.9 million. The company raised its adjusted net income guidance for the fiscal year to between US$580 million and US$600 million. Key segments showed strong growth, with North America fiber cement net sales also up 23%. Additionally, James Hardie declared a dividend of US$0.40 per share as part of its commitment to return value to shareholders.
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James Hardie Industries plc (ASX: JHX; NYSE: JHX) reported impressive first quarter fiscal year 2022 results, ending June 30, 2021. Global net sales surged 35% to US$843.3 million, with adjusted EBIT climbing 45% to US$180.5 million. North America Fiber Cement Segment sales rose 28% to US$577.1 million, while Europe saw a 37% growth to €103.3 million. The company raised its fiscal year 2022 adjusted net income guidance to between US$550 million and US$590 million, reflecting strong market momentum and successful execution of its high-value product mix strategy.