CRH (NYSE: CRH) promotes insider Aylwyn Bryan to CFO with equity package
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CRH public limited company appointed Aylwyn Bryan as Chief Financial Officer, effective May 12, 2026, succeeding Nancy Buese, who stepped down by mutual agreement. The company states her departure is not due to any disagreement on operations, policies or practices.
Bryan, a 14-year CRH executive and former CFO of the Americas Division, will receive an initial annual base salary of $850,000, with a target annual bonus equal to 100% of base salary and a maximum of 200%. He also receives a monthly taxable pension cash adjustment equal to 10% of annual base salary and is eligible for future equity awards.
In connection with the promotion, Bryan will receive a one-time long-term equity incentive award of $1,563,000, granted 60% in performance stock units and 40% in restricted share units. On certain terminations within six months after a change of control, he may receive severance equal to two years of base salary plus vested incentives. Buese will remain as a non-executive employee through August 11, 2026 to support an orderly transition.
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Insights
CRH announces an internal CFO succession with defined pay and protections.
CRH promotes long-time executive Aylwyn Bryan to CFO, replacing Nancy Buese by mutual agreement, with the company explicitly noting no disagreement on operations, policies or practices. Buese remains for three months to support transition, signaling an orderly handover.
Bryan’s package includes $850,000 base salary, a target bonus equal to 100% of salary, and a one-time long-term equity grant of $1,563,000 split between performance stock units and restricted share units. This mix ties a meaningful portion of compensation to share and performance outcomes.
The agreement provides up to two years of base salary upon certain terminations within six months after a change of control, along with non-compete and non-solicit covenants lasting nine and 12 months after employment ends. Overall, the filing outlines a typical large-cap executive transition rather than a structural change to CRH’s financial profile.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO base salary: $850,000 per year
Target annual bonus: 100% of base salary
Maximum annual bonus: 200% of base salary
+5 more
8 metrics
CFO base salary
$850,000 per year
Initial annual base salary for Aylwyn Bryan as CFO
Target annual bonus
100% of base salary
Pro-rated target bonus opportunity for CFO role
Maximum annual bonus
200% of base salary
Maximum bonus opportunity for Aylwyn Bryan
Pension cash adjustment
10% of annual base salary
Monthly taxable pension cash adjustment for CFO
One-time equity award
$1,563,000
Additional long-term equity incentive for CFO promotion
Change-of-control severance
2 years of base salary
Cash severance on certain terminations within six months after change of control
Notice period
12 months
Written notice required by either party to terminate employment agreement
Transition end date
August 11, 2026
Date through which former CFO Nancy Buese remains as non-executive employee
Key Terms
performance stock units, restricted share units, change of control, garden leave, +2 more
6 terms
performance stock units financial
"to be granted 60% in the form of performance stock units (‘PSUs’)"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
change of control financial
"Upon a termination of employment within six months after a change of control of the Company"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
garden leave financial
"or place Mr. Bryan on garden leave for some or all of the notice period"
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure."
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
non-compete financial
"The Employment Agreement contains covenants not to compete with the Company"
A non-compete is a contract clause that prevents an employee, executive, or seller from working for or starting a rival business for a set time and area after leaving a company. It matters to investors because it protects the value of intellectual property, customer relationships and key personnel—like putting a temporary fence around a company’s customers and know‑how—while also creating legal and operational constraints that can affect talent mobility and deal attractiveness.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 11, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | ||
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d 2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
| Emerging Growth Company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 11, 2026, CRH public limited company (‘CRH’ or the ‘Company’) appointed Aylwyn Bryan as Chief Financial Officer, effective on May 12, 2026 (the ‘Effective Date’). Mr. Bryan succeeds Nancy Buese, who by mutual agreement, stepped down from her role as Chief Financial Officer of the Company on May 11, 2026, effective as of the same date. Ms. Buese’s mutually-agreed departure is not the result of any disagreement with the Company with respect to any matter relating to the Company’s operations, policies or practices.
Mr. Bryan (age 47) has served CRH in a series of senior leadership roles across multiple functions and geographies during his 14-year tenure, including most recently as the Chief Financial Officer of CRH’s Americas Division, as Group Head of Finance from 2022 until 2025 and has also held leadership roles in the global tax, risk and insurance functions from 2012 until 2022. Prior to CRH, Mr. Bryan was at ARYZTA AG and PwC where he served across a range of international finance roles. He holds a Bachelor of Arts degree in Accounting and Finance from Dublin City University, is a Fellow of the Institute of Chartered Accountants and is a Chartered Tax Advisor.
There are no arrangements or understandings between Mr. Bryan and any other person pursuant to which Mr. Bryan was appointed to serve as Chief Financial Officer of the Company. There are no family relationships between Mr. Bryan and any director or executive officer of the Company, and there are no transactions in which Mr. Bryan has any direct or indirect material interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Employment Agreement with Mr. Bryan
Mr. Bryan and the Company entered into an employment agreement, dated May 12, 2026, in respect of Mr. Bryan’s service as Chief Financial Officer (the ‘Employment Agreement’).
Pursuant to the Employment Agreement, Mr. Bryan will receive an initial annual base salary of $850,000 and is eligible to receive a pro-rated target annual bonus opportunity equal to 100% of his annual base salary (with a maximum opportunity equal to 200% of his annual base salary). Mr. Bryan will also be eligible to receive annual equity incentive awards in the Company’s 2027 equity compensation cycle with a target grant date fair value to be determined, to be granted 60% in the form of performance stock units (‘PSUs’) and 40% in the form of restricted share units (‘RSUs’); provided that the Compensation Committee of the Board of Directors (the ‘Committee’) will be entitled at its discretion to adjust the mix between PSUs and RSUs. Mr. Bryan will also receive a monthly taxable pension cash adjustment equal to 10% of annual base salary and is eligible to participate in holiday leave, employee benefit plans and programs consistent with those provided generally to similarly-situated executives from time to time.
Subject to certain exceptions, the Employment Agreement will continue until terminated by either party with at least 12 months’ written notice. The Company may, at its discretion, pay Mr. Bryan an amount equal to his annual base salary in lieu of any notice period or place Mr. Bryan on garden leave for some or all of the notice period during which he will continue to receive his regular compensation. In either case, payment of any bonus and other incentive arrangements will be at the discretion of the Committee.
Upon a termination of employment within six months after a change of control of the Company as a result of which Mr. Bryan’s powers, duties or functions have been or will be diminished, in satisfaction of any and all claims Mr. Bryan may have upon termination, Mr. Bryan will be entitled to an amount equal to two years of annual base salary, any vested equity incentives payable under the Company’s equity incentive plans and any other contractual entitlements. Payment of any annual bonus or unvested equity incentives will be at the discretion of the Committee. The Committee may modify the conditions under which Mr. Bryan will be entitled to payments, and the amount of such payments, upon a termination of employment within six months after a change of control of the Company to align with any other change of control policies approved by the Committee from time to time, provided that the modifications are not less favorable to Mr. Bryan than the terms provided for in the Employment Agreement.
The Employment Agreement contains covenants not to compete with the Company and not to solicit specified employees, customers and service providers of the Company, which apply, respectively, for nine and 12 months following termination of employment.
The foregoing summary of the Employment Agreement is qualified in its entirety by reference to the employment agreement, a copy of which will be filed with the Company’s Quarterly Report on Form 10-Q for the quarter ending June 30, 2026.
Additionally, in connection with his appointment as Chief Financial Officer and in addition to equity compensation previously received by Mr. Bryan in the Company’s February 2026 equity compensation cycle, Mr. Bryan will be granted, subject in each case to the terms of the CRH plc 2025 Equity Incentive Plan and the associated award agreements, an additional long-term equity incentive award of $1,563,000, granted 60% in the form of PSUs and 40% in the form of RSUs, which will vest concurrently with awards made in the Company’s February 2026 equity compensation award cycle.
Separation Agreement with Ms. Buese
To enable a smooth transition of her role, Ms. Buese will continue as a non-executive employee of the Company through August 11, 2026. Ms. Buese’s mutually-agreed departure qualifies as a termination without “cause” under her employment agreement, and Ms. Buese will be entitled to receive the payments provided under Section 4(c) thereof, subject to her execution and non-revocation of a separation agreement which includes a release of claims against the Company and continued compliance with restrictive covenants.
Item 7.01 Regulation FD Disclosure.
On May 13, 2026, the Company issued a press release announcing certain matters described in Item 5.02 of this Current Report on Form 8-K. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The information disclosed in this Current Report on Form 8-K pursuant to this Item 7.01 (including Exhibit 99.1 attached hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the ‘Exchange Act’), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in any such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description | |||||||
99.1 | Press Release, dated May 13, 2026. | |||||||
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 15, 2026
| CRH public limited company | ||||||||||||||||||||
| /s/ Neil Colgan | ||||||||||||||||||||
| By: | Neil Colgan | |||||||||||||||||||
| Company Secretary | ||||||||||||||||||||
Exhibit 99.1
 | 1350 Avenue of the Americas New York, NY 10019 | |||||||||||||
Press Release CRH Appoints Aylwyn Bryan as CFO | ||||||||||||||
NEW YORK – May 13, 2026 – CRH (NYSE: CRH), the leading provider of building materials, announced the appointment of Aylwyn Bryan as its Chief Financial Officer, effective May 12, 2026.
Bryan has over 25 years of financial leadership experience, including the past 14 years with CRH. Most recently he served as CFO of CRH’s Americas Division and previously as Head of Group Finance and Group Tax Director. As CFO, Bryan will continue to play a critical role in advancing CRH’s strategy and operational discipline, as well as driving long-term quality growth and value creation for CRH’s shareholders.
Bryan succeeds Nancy Buese, who has stepped down by mutual agreement and will remain with CRH for a three-month period to support a smooth transition.
“We are pleased to announce Aylwyn’s appointment as CFO,” said Jim Mintern, CEO, CRH. “He has a deep understanding of CRH’s business, has strong financial expertise and a proven track record of delivery for shareholders. This experience will be invaluable to CRH as we continue to execute and evolve our strategy and drive consistent long-term growth.
I would like to thank Nancy for her contributions to CRH and I wish her success. I am pleased that Nancy will work closely with Aylwyn and the finance team to ensure strong leadership and continuity during the transition period.”
“I am delighted to be appointed CFO of CRH,” said Aylwyn Bryan. “I look forward to continuing to work with the leadership team to extend CRH’s legacy of strong financial discipline and enviable track record of maximizing value for our shareholders.”
Buese’s departure is not related to any disagreement with the company on any matter relating to its accounting practices, financial statements, financial guidance, internal controls or operations.
Contacts
Tom Holmes | Lauren Schulz | ||||
Head of Investor Relations | Chief Communications Officer | ||||
tholmes@crh.com | lschulz@crh.com | ||||
About CRH
CRH is the leading provider of building materials critical to modernizing infrastructure. With our team of 83,000 people across 4,000 locations, our unmatched scale, connected portfolio, and deep local relationships make us the partner of choice for transportation, water, and reindustrialization projects, shaping communities for a better tomorrow. CRH (NYSE: CRH) is a member of the S&P 500 Index. For more information, visit www.crh.com.
Exhibit 99.1
Forward-Looking Statements
Some statements in this press release may constitute forward-looking statements, including with respect to advancement of strategy, operational discipline and long-term value creation and CRH’s future growth prospects. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements, including the risks and uncertainties described under “Risk Factors” in Part 1, Item 1A of CRH’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 as filed with the SEC and in CRH's other filings with the SEC.
FAQ
Who is the new CFO of CRH (CRH) and when does he start?
CRH appointed Aylwyn Bryan as its Chief Financial Officer effective May 12, 2026. Bryan has over 25 years of financial leadership experience, including 14 years at CRH in senior roles such as CFO of the Americas Division and Head of Group Finance.
What is Aylwyn Bryan’s compensation as CFO of CRH (CRH)?
Aylwyn Bryan will receive an initial annual base salary of $850,000 as CRH’s CFO. He is eligible for a target annual bonus equal to 100% of salary, a maximum bonus of 200%, a pension cash adjustment of 10% of salary, and future equity incentive awards.
What severance could CRH (CRH) CFO Aylwyn Bryan receive after a change of control?
If terminated within six months after a change of control under specified conditions, Bryan may receive two years of base salary. He would also be entitled to vested equity incentives and other contractual entitlements, with bonus and unvested equity payouts at the Compensation Committee’s discretion.
Why did former CRH (CRH) CFO Nancy Buese step down and will she stay involved?
Nancy Buese stepped down as CFO by mutual agreement, not due to any disagreement with the company. She will remain as a non-executive employee through August 11, 2026 to support a smooth transition to new CFO Aylwyn Bryan.
What one-time equity award is CRH (CRH) granting to new CFO Aylwyn Bryan?
CRH will grant Bryan an additional long-term equity incentive award of $1,563,000. This award will be delivered 60% in performance stock units and 40% in restricted share units, vesting on the same schedule as awards from the February 2026 equity cycle.
Does CRH (CRH) impose non-compete and non-solicit clauses on its new CFO?
Yes, Bryan’s employment agreement includes post-employment non-compete and non-solicit covenants. The non-compete applies for nine months after termination, while the non-solicitation of specified employees, customers and service providers applies for 12 months following termination.