Summit Materials announced the appointment of Scott Anderson as its new Executive Vice President and Chief Financial Officer, effective March 1, 2023. "Scott has been an outstanding leader at Summit, and I am thrilled to see him take on the CFO role," said CEO Anne Noonan. "He has a deep understanding of our business and our Elevate Summit strategy. He has been central to driving operational improvement and margin expansion while strengthening the portfolio by divesting non-core businesses and developing significant growth and expansion opportunities for Summit. I am confident that he will be an exceptional CFO and an invaluable member of our executive team." Anderson will be taking over for Brian Harris, who has served as Summit’s CFO since 2013. Harris will take on a non-executive role until his retirement date later this year and then will move into an advisory role through the end of 2024 to ensure a smooth transition.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SUM:
- Summit Materials sees FY23 adjusted EBITDA $480M-$520M
- Summit Materials reports Q4 EPS 25c, consensus 29c
- Seaport starts Vulcan, Summit and Martin Marietta at Neutral, waiting for trough
- Summit Materials initiated with a Neutral at Seaport Global
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
