US: Eagle Materials will call its Light Materials business the American Gypsum Company when it is spun-off in the summer of 2020. It has appointed Dave Powers, former Eagle Materials chief executive officer (CEO), will become the chairman of American Gypsum. Craig Kesler, current chief financial officer (CFO) of Eagle Materials, will become the president and CEO of American Gypsum.
The Light Materials business will continue as a producer of gypsum wallboard and recycled paperboard. It includes an integrated paperboard mill that supplies wallboard plants with facing paper as well as raw material reserves.
