Acting chief has impressive building CV
Fletcher Building’s new acting chief executive, Francisco Irazustra, is a globe-trotting businessman who has held managerial roles in some of the world’s largest building companies.
Spanish-born Irazustra will take over as interim chief executive of one of the country’s largest listed companies from Monday after it was announced yesterday that former CEO Mark Adamson was leaving immediately.
Irazustra joined Fletcher Building in 2015 to lead its newly-formed light building products unit.
According to service provider directory Bark.com, Irazustra is the former group managing director of CRH Europe West — a building materials company with a 3 billion ($4.7b) turnover and 18,000 employees.
He was previously group managing director for CRH Europe’s products and building products divisions.
Between 2009 and 2011 Irazustra was president of the board and general manager of Spanish pig farming company Nanta, “one of the leading white and I berian pigs commercialisation companies with over 1.3 million pigs a year”, according to his profile on Bark.
He was once the managing director of the company’s business unit, based in Madrid.
He has also been managing director of concrete company Holcim’s Spanish operation and was also on the board of directors and chief executive of Tarmac Iberia, another concrete company. Irazustra was also general manager and managing director of Jacob Delafon Europe and managing director of Kohler Group, both manufacturing companies, in Paris.
He founded a management and business consulting company in 1994.
Irazustra holds a Master of Science — Industrial Engineering from the State University of New York.
According to his profile on the Fletcher Building website: “Prior to joining Fletcher Building Francisco steered CRH plc’s European Building Products business through tough times, driving performance improvement throughout his tenure.”
Matthew Theunissen