Brian Harris, executive vice president and CFO of Summit Materials, plans to retire after a decade with the company.
Harris will remain in the CFO role until a successor is named. At that time, he will take on a non-executive role until his retirement date in the fourth quarter of 2023.
“Brian’s finance leadership and foresight has truly set up Summit for continued success with our Elevate Strategy,” says Anne Noonan, president and CEO of Summit Materials. “Last quarter, we reported record quarterly earnings, the lowest net leverage in company history and the strongest balance sheet in company history. Thanks in part to Brian’s efforts, we have the financial flexibility to pursue a broad range of high-return capital allocation priorities that are value creative to Summit shareholders.
“This includes investing to grow in priority markets, advancing our market leadership position through growth initiatives – including greenfields – as well as pursuing attractive M&A opportunities that align with our portfolio optimization criteria,” Noonan adds. “Brian has built an experienced, top-notch finance team over the last several years that is well prepared to continue executing our Elevate Strategy, and we look forward to welcoming a new finance leader who will build upon this excellent foundation.”
Harris joined Summit as executive vice president and CFO in 2013. According to the company, he was instrumental in Summit’s 2015 initial public offering, as well as the establishment and leadership of the company’s finance, IT, investor relations and procurement functions.
