CRH plc confirms that Albert Manifold has succeeded Myles Lee as group chief executive, effective 1 January 2014. 

Mr Lee has retired after 32 years with the group including five years as finance director and five years as chief executive.

Commenting on the announcement, CRH chairman Nicky Hartery said: “We wish Myles well in his retirement and thank him sincerely for his outstanding contribution to CRH over 32 years of service, and for his excellent stewardship of CRH through the recent global financial crisis.  As Albert takes up the role of chief executive, we look forward to CRH progressing its next phase of development.”