Eagle Materials will call its Light Materials business the American Gypsum Co. when it is spun-off in the summer of 2020. Dave Powers, former Eagle Materials chief executive officer, will become the chairman of American Gypsum. Craig Kesler, current chief financial officer of Eagle Materials, will become the president and CEO of American Gypsum.
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Eagle’s Powers Retires; Haack Promoted
Dave Powers Eagle Materials reported that the company’s CEO, Dave Powers, will retire as an officer of the company effective July 1. He will remain on the Eagle Materials board of directors. Michael Haack, president and COO, will succeed Powers as CEO. This move represents the culmination of a multi-year succession plan and a comprehensive set of transition preparedness steps undertaken…
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