DALLAS, Sept. 18 /PRNewswire-FirstCall/ -- Centex Construction Products,
Inc. (NYSE: CXP) announced today that its Chief Operating Officer Steven R.
Rowley has been promoted to President and Chief Executive Officer and elected
to the company's Board of Directors. Mr. Rowley will continue to have line
operating responsibility for all four of CXP's business units: cement, gypsum
wallboard, paperboard, and concrete and aggregates.
Mr. Rowley, 50, has a total of 26 years of experience in the construction
products industry. He joined CXP in 1991 as plant manager at its Nevada
Cement Company operation and subsequently became Executive Vice President at
Illinois Cement Company. Mr. Rowley was named Executive Vice President-Cement
in 1998 and in 2002 his operational responsibilities were expanded to include
Concrete and Aggregates. He was named COO of CXP in October 2002.
"During his tenure, Steve has consistently performed in an exceptional
manner. I am confident that he will lead CXP to greater heights as it
prepares to become a completely independent public company," said Laurence E.
Hirsch, Chairman of the Board of CXP. Mr. Hirsch will continue in his role as
Chairman.
CXP is approximately 65%-owned by Dallas-based Centex Corporation. As
previously announced, CXP has reached an agreement with Centex for the spin-
off of all of the CXP shares owned by Centex. The spin-off is expected to be
complete on or about Dec. 31, 2003.
SOURCE Centex Construction Products, Inc.
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Related links:
http://www.centex-cxp.com
CONTACT:
Laurence E. Hirsch, Chairman of Centex
Construction Products, Inc., +1-214-981-5000
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