Boral continues restructuring process

Building materials manufacturer Boral announced this morning that it would merge its construction materials and cement divisions, and has made a senior manager redundant.

Building materials manufacturer Boral announced this morning that it would merge its construction materials and cement divisions, and has made a senior manager redundant.

"The consolidation of construction materials and cement into a single division is the next step of Boral's restructuring initiatives," said CEO Mike Kane in a statement reported by AAP earlier today.

Murray Read, divisional managing director of construction materials, is being made redundant on July 1, ending a 28-year career at Boral. Joseph Goss, a senior executive in cement with Lafarge, will head up the new, merged division.

Goss is a metallurgist with a PhD in materials science and a background involving lean manufacturing.

"Boral Construction Materials & Cement division will be Boral's largest division and an important future growth platform,” announced Kane in a statement.

“While Joe brings valuable global industry experience to the business, he will be supported by a seasoned team of Executive General Managers including Ross Harper, EGM Cement, Shane Graham, EGM Major Projects, and four regional Executive General Managers – Paul Dalton with responsibility for Victoria, Tasmania and South Australia, Greg Price managing New South Wales and the ACT, Steve Pyne managing Queensland and Northern Territory, and Wayne Manners in Western Australia.”

Kane announced 700 redundancies in January, following his 100-day review of the company, shedding slightly over eight per cent of its workforce.