Why the Adbri (ASX:ABC) share price has dipped in trading today

The Adbri Ltd (ASX: ABC) share price is trading slightly lower today after this morning’s announcement of a major shakeup of the company’s senior management roster.

At the time of writing, the Adbri share price is down 0.62% at $3.20.

Shakeup at the top

The Adelaide-based constructions material manufacturer made quite a few changes to its executive leadership team today as part of the company’s restructuring efforts.

Adbri says the changes consolidate the current 3 operating divisions into 2. The 2 new divisions will be Cement and Lime; and the newly formed Concrete, Aggregates & Masonry, which combines the previous Concrete & Aggregates, and Concrete Products divisions.

As a result of these divisional changes, the company has…