Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets, has disclosed the retirement of Senior Vice President and Chief Financial Officer Timothy F. Murphy from the company to take effect in early 2025.
Mr. Murphy will continue his current duties until a successor is appointed, and he will aid in facilitating a smooth transition. To find a suitable replacement, Gibraltar has engaged an executive search firm to commence the recruitment process.
Announcing his retirement, Timothy F. Murphy said, “I am grateful for the opportunity to have collaborated with exceptional teams during my tenure. Gibraltar has made significant strides in its transformation, achieving notable operational enhancements and delivering substantial shareholder value in recent years. With confidence in our team’s capabilities, I am prepared to pass the torch to a successor and remain committed to ensuring a seamless transition.”
Chairman and CEO Bill Bosway lauded Murphy’s contributions, stating, “Throughout his 20 years with Gibraltar, Tim has played a pivotal role in driving growth, enhancing profitability, and steering successful transformations. His expertise, integrity, and dedication have been invaluable to the organisation. As we embark on the search for his successor, we will continue to benefit from Tim’s insights and support.”
