Ousted James Hardie CEO rejects claims over conduct, considers legal action [Reuters]
James Hardie Industries plc American Depositary Shares (Ireland) (JHX)
US:NYSE Investor Relations:
ir.jameshardie.com.au/jh/home.jsp
Company Research
Source: Reuters
(Reuters) -The former chief executive of James Hardie Industries said on Monday he was considering legal action against the Australian building materials giant, which fired him last week citing concerns over his conduct and management style. The world's top fibre cement products maker on Friday fired CEO Jack Truong, saying dozens of top executives had threatened to quit due to his conduct, which was not rectified despite repeated calls to do so and breached its code of conduct. Executive Chairman Mike Hammes later said on a conference call that he had urged Truong to change his behaviour but a “sincere change” had not occurred. “I was blindsided by the termination and unequivocally reject the assertions made by Mr. Hammes and the company,” Truong said in an emailed statement early Monday. “I'm ... proud of the progress we made in building a culture of inclusion and respect with our more than 5,000 devoted employees. Based on employee and customer feedback, it was clear that
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JHX
News
- James Hardie Industries To Announce Fourth Quarter And Fiscal Year 2024 Financial Results on 21 May 2024Business Wire
- Is James Hardie Industries plc's (ASX:JHX) Recent Performance Tethered To Its Attractive Financial Prospects? [Yahoo! Finance]Yahoo! Finance
- James Hardie Industries plc (NYSE: JHX) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Investors in James Hardie Industries (ASX:JHX) have seen splendid returns of 259% over the past five years [Yahoo! Finance]Yahoo! Finance
- James Hardie Industries plc (NYSE: JHX) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
JHX
Sec Filings
- 4/12/24 - Form 6-K
- 4/8/24 - Form 6-K
- 3/29/24 - Form 6-K
- JHX's page on the SEC website