For immediate release, Monday 23 March 2026, Sydney: Boral Limited (“Boral”) today announces the appointment of Matt McKenzie as Chief Executive Officer, effective 1 April 2026, succeeding Vik Bansal who has led the business through a significant period of transformation and performance improvement. Mr Bansal will join the SGH Board as a Director from the same date.
Mr McKenzie has served as Chief Operating Officer of Boral since July 2025, appointed as part of the planned succession process, and prior to that as Executive General Manager, Concrete and Quarries (South). His direct operational accountability across Boral's core businesses of concrete, quarries, asphalt and recycling gives him an exceptionally deep understanding of the assets, the people, and the commercial rhythm of the business. Before joining Boral, Mr McKenzie held general management roles at Cleanaway and Oracle Utilities and spent 14 years at GE across a range of operational and executive positions. His deep familiarity with Boral's operations, people and strategy ensures continuity of leadership and execution.
Boral's strategy and commercial direction remain unchanged. The business will continue to execute through The Boral Way and its Good to Great priorities, with a disciplined focus on safety, margin improvement, network optimisation and customer delivery.
Ryan Stokes AO, SGH MD & CEO, said: "Matt is the right leader for this next phase of Boral's growth. He knows this business deeply, has been central to the operational momentum we have built, and has the experience and discipline to take it further. The Board has every confidence in his ability to continue delivering for our customers, employees and shareholders.
"I also want to acknowledge and thank Vik for his outstanding contribution. He took over a business that needed fundamental change and delivered a stronger more focused performance orientated company. He leaves Boral in an excellent position to continue delivering on its potential."
Mr Bansal said: "It has been a genuine privilege to lead Boral. I am proud of what the Boral team has achieved and leave with great confidence in the business and in the leadership that will take it forward. I am excited to be joining the SGH Board as a Director where I can continue to support the growth and performance of the company."
Mr McKenzie said: "I am honoured to take on this role. The foundations Vik and the team have built are strong, and my focus is clear to continue improving safety performance, drive operational excellence across every site, and deliver for our customers. I am looking forward to the work ahead."
About Matt McKenzie
Matt McKenzie was appointed Chief Executive Officer of Boral Limited effective 1 April 2026. He previously served as Chief Operating Officer of Boral from July 2025, and prior to that as Executive General Manager, Concrete and Quarries (South), where he held direct operational responsibility for Boral's core concrete and quarry businesses across southern Australia. Before joining Boral, Mr McKenzie served as General Manager, Solids Waste NSW at Cleanaway, leading a team of over 1,300 people across more than 40 sites. He has also held senior leadership roles at Oracle Utilities and spent 14 years at GE in a range of operational and executive capacities.
Mr McKenzie, brings more than 20 years of operational and executive leadership experience across construction materials, transportation, mining and waste services.
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About Boral
Boral is the largest vertically-integrated construction materials company in Australia.
Our network includes prized quarry and cement infrastructure, bitumen, construction materials recycling, asphalt and concrete batching operations.
We employ about 7,500 employees and contractors across our operations that span more than 360 sites nation-wide.
For more than 75 years we’ve been building something great in Australia - rarely a day goes by that you wouldn’t pass one of our sites or trucks, enter a building, use a road, bridge, tunnel, footpath or other critical infrastructure that our people and products have helped enable.
