Fired James Hardie CEO Rejects Assertions Made in Dismissal

   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)

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