James Hardie Reaffirms Board Commitment to Long-Term Shareholder Value and Provides Update on 2025 Annual General Meeting Results
James Hardie Industries plc (NYSE / ASX: JHX) (“James Hardie” or the “Company”), a global leader in high-performance building and exterior home solutions, has announced the official results of its 2025 Annual General Meeting (“AGM”). The meeting, held earlier this week, marked a significant milestone for the Company as it continues to focus on strategic growth, leadership renewal, and creating long-term value for its shareholders.
As part of the proceedings, James Hardie shareholders voted to elect Howard Heckes, Gary Hendrickson, and Jesse Singh to continue serving as members of the Company’s Board of Directors (“the Board”). These directors bring extensive experience in operations, manufacturing, and strategic leadership across the building materials and industrial sectors, providing continuity and expertise at a critical juncture in the Company’s evolution.
In accordance with the Company’s Articles of Association, Anne Lloyd (Chair), Rada Rodriguez, and Peter-John Davis have concluded their tenure on the Board following the AGM. James Hardie expressed its gratitude to these directors for their years of service, stewardship, and contributions to the Company’s success during a period of global transformation and significant industry change.
Final voting results from the meeting have been reported to the Australian Securities Exchange (ASX) and furnished on Form 6-K to the U.S. Securities and Exchange Commission (SEC).
Strategic Direction and Focus on Growth
In a statement following the AGM, the Company reaffirmed its strategic direction and commitment to delivering superior long-term performance.
“James Hardie has reached an important period in its history as we execute on our strategic growth plans and realize the tremendous potential of our combination with AZEK,” the Company said. “With our comprehensive portfolio of market-leading exterior brands and a robust manufacturing and support network, we are poised to drive sustainable growth and long-term success in the dynamic building products industry.”
James Hardie’s recent acquisition and integration of AZEK—a leading manufacturer of premium outdoor living materials—has been a focal point of the Company’s transformation strategy. This combination has strengthened James Hardie’s position in the exterior building solutions market, expanded its portfolio into high-value outdoor living categories, and created new opportunities to leverage synergies across operations, marketing, and distribution.
According to the Company, the integration process has been progressing smoothly, with early results already demonstrating strong performance and synergy realization. The preliminary second-quarter results announced in October 2025 reflect particularly robust growth in the Deck, Rail & Accessories segment, underscoring the effectiveness of James Hardie’s multi-brand strategy and disciplined execution.
The Company’s focus remains on driving operational excellence, improving cost efficiency, and capturing additional market share in North America, Europe, and the Asia-Pacific region.
Commitment to Accountability and Shareholder Value
In its statement, the Board emphasized its commitment to accountability, transparency, and shareholder engagement as guiding principles for its governance approach.
“At the same time, we recognize that we have more work to do to deliver on our promise to shareholders,” the statement read. “The Board is committed to holding both itself and the management team accountable as we execute our plans to drive outperformance over the long term.”
James Hardie’s Board underscored that shareholder feedback continues to play a vital role in shaping its strategy and governance structure. Over the past several months, the Company has conducted extensive engagement with investors, facilitating open discussions on leadership, capital allocation, and corporate governance.
The Board noted: “We thank shareholders for their time and thoughtful input during this process. Our directors will carefully consider this feedback as we continue to evaluate our Board composition and governance practices, with a clear focus on enhancing value for shareholders.”
This commitment reflects James Hardie’s recognition that long-term value creation depends not only on operational success but also on strong governance, clear accountability, and an open dialogue with investors and stakeholders.
Integration Progress and Operational Excellence
The integration of AZEK represents one of the most significant milestones in James Hardie’s recent history. The combined organization now offers a comprehensive suite of exterior and outdoor living solutions designed to meet evolving homeowner preferences and environmental standards.
James Hardie’s expanded portfolio includes leading fiber cement products, decking systems, and complementary materials that together offer customers durability, design flexibility, and sustainability. The Company’s focus on innovation and product excellence remains a cornerstone of its competitive differentiation.
Operationally, James Hardie continues to invest in advanced manufacturing capabilities and supply chain efficiency. The Company’s extensive North American and global footprint enables it to serve a diverse customer base efficiently while maintaining a commitment to responsible environmental practices and safety standards.
By leveraging its strong balance sheet, disciplined cost management, and customer-focused innovation, James Hardie is positioning itself to capture the ongoing demand for premium exterior products and sustainable building materials.
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