Summit Materials Says EVP And CFO Brian Harris Plans To Retire

RTTNews | 1459 days ago
Summit Materials Says EVP And CFO Brian Harris Plans To Retire

(RTTNews) - Construction materials company Summit Materials, Inc. (SUM) announced Monday that Executive Vice President and Chief Financial Officer Brian Harris plans to retire after a decade with the Company.

As part of a planned transition, Harris will continue in the CFO role until a successor is installed, after which time he will take on a non-executive role until his retirement date in the fourth quarter of 2023.

To ensure a seamless transition, Harris will then continue to be engaged as a consultant to Summit for a period of time.

Harris joined Summit Materials as EVP and Chief Financial Officer in October 2013. He played a central role in Summit's 2015 IPO.

Summit's Board of Directors has embarked upon a search for Harris's successor, which is expected to include both external and internal candidates.

read more
Indian Shares Tumble Amid Geopolitical Concerns

Indian Shares Tumble Amid Geopolitical Concerns

Indian shares were sharply lower in early trade on Friday as crude oil prices soared amid escalating tensions in West Asia, raising worries about India's import bill, inflation and earnings.
RTTNews | 3h 20min ago
Australian Market Extends Early Strong Losses In Mid-market

Australian Market Extends Early Strong Losses In Mid-market

The Australian stock market is extending its early strong losses in mid-market moves on Friday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
RTTNews | 4h 26min ago
Asian Markets Sink Amid Inflationary Risks

Asian Markets Sink Amid Inflationary Risks

Asian markets are mostly lower on Friday, following the negative cues from Wall Street overnight, as crude oil soars past $100 a barrel for the first time since May amid concerns of a prolonged war between the U.S. and Iran. Surging crude oil prices and treasury yields have added to concerns about inflation risks and the outlook for interest rates ahead of the US Fed's monetary policy meeting.
RTTNews | 4h 44min ago
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in back-to-back sessions, sinking more than 5 points or 0.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,615-point plateau and it's tipped to open under water again on Friday.
RTTNews | 5h 53min ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese market is trading sharply lower on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 63,550 level, with weakness in index heavyweights, exporters and technology stocks partially offset by gains in automakers.
RTTNews | 6h 16min ago