Fired James Hardie CEO Rejects Assertions Made in Dismissal
10 January 2022 - 11:39AM
Dow Jones News
By Rhiannon Hoyle
Fired James Hardie Industries PLC Chief Executive Jack Truong
said he rejects statements made by the building materials company
in announcing his termination for code-of-conduct violations.
"I was blindsided by the termination and unequivocally reject
the assertions made by [Executive Chairman Michael] Hammes and the
company," Dr. Truong said in an emailed statement.
James Hardie on Friday said Dr. Truong's behavior was
investigated after employee complaints and he was found to have
"extensively and materially" breached the company's code of
conduct.
The company said it would look for a new chief executive and
appointed director Harold Wiens as interim CEO after dismissing Dr.
Truong, who led a strategic overhaul of the company since his
appointment in 2019. James Hardie didn't immediately respond to Dr.
Truong's remarks.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
January 09, 2022 19:24 ET (00:24 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
James Hardie Industries (ASX:JHXCD)
Historical Stock Chart
From May 2024 to Jun 2024
James Hardie Industries (ASX:JHXCD)
Historical Stock Chart
From Jun 2023 to Jun 2024
