Kingspan said today Louis Eperjesi will resign as managing director of its insulated panels unit from July 31st and will be replaced by Gilbert McCarthy.
Mr McCarthy is currently the managing director of the group’s off-site division.
At 8.40am Kingspan shares were 2 per cent lower in Dublin at €4.96 giving it a market capitalisation of €849 million. Over the last 12 months the company's shares have fallen 21 per cent but are 58 per cent higher since the start of the year.