James Hardie Appoints Terex CFO Jennifer Kong-Picarello to Board of Directors

Executive Summary

On October 1, 2026, James Hardie Industries plc filed a Form 8-K under Item 5.02 announcing the appointment of Jennifer Kong-Picarello as an independent Class III director, effective immediately on October 1, 2026. The Board expects to appoint Ms. Kong-Picarello to the Audit Committee in November 2026.

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Appointee Profile & Experience

• Current Role: Senior Vice President and Chief Financial Officer of Terex Corporation (NYSE: TEX), a global manufacturer of specialty vehicles and industrial equipment.
• Past Roles:
  • Senior Vice President and Chief Financial Officer of the Energy Management division at Schneider Electric SE (2022–2025).
  • Multiple senior financial leadership positions at Honeywell International Inc. (2013–2022), including Vice President and CFO of Honeywell Intelligrated.
  • Early career experience in finance and audit leadership at Tyco International and public accounting at Deloitte.
• Education & Credentials: Bachelor of Accountancy from Nanyang Technological University, Singapore; Certified Public Accountant (inactive).

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Corporate Governance & Compensation Details

• Independence: Appointed as an independent non-executive director.
• Committee Assignments: Expected appointment to the Company's Audit Committee in November 2026.
• Compensation: Standard non-employee director cash and equity compensation pursuant to James Hardie's Non-Executive Director Compensation policy as detailed in its proxy filing.
• Related-Party Disclosures: No Item 404(a) related-party transactions, understandings, or family relationships disclosed.
• Indemnification: Ms. Kong-Picarello will enter into the standard Deed of Access, Insurance, and Indemnity provided to directors.

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Market & Trading Impact

This filing represents a routine, governance-enhancing independent director appointment bringing substantial public-company CFO, global manufacturing, and audit expertise to the board. It carries no direct transactional equity dilution or immediate market impact, resulting in a Low trading significance rating.