Building materials group CRH has said that its Group Finance Director - Maeve Carton - will become the company's new Group Transformation Director from next year.
The position is a new strategic group function within the company and Ms Carton's new role will start in January 2016.
As Group Transformation Director, she will identify and implement the optimum financial and business model for the group in the years ahead.
She will report to, and work closely with CRH's Group CEO Albert Manifold, and will continue to contribute directly to the Board as an executive director.
CRH said that a search to appoint a new finance director for the group will start shortly. It is hoped that this process will be completed by year end.
Ms Carton will continue as Finance Director until her replacement has been appointed, which will ensure an "effective transition process".
