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Holcim reshuffle senior management team

Holcim reshuffle senior management structure

Executive changes will strengthen development of a new generation of leaders at the company

HOLCIM have announced a series of changes in their most senior management team that will further streamline and focus the leadership of the company. At the same time, these moves will strengthen the development of a new generation of leaders who have broad commercial and technical experience as well as a sound track record in occupational health and safety.

Bernard Terver, a member of the Holcim Executive Committee, will assume responsibility for Africa, the Middle East and the Indian subcontinent (India, Sri Lanka and Bangladesh). By combining these three countries into a regional cluster, the group expects better representation and a foothold in this important region.

Onne van der Weijde will remain area manager for India and will be instrumental in the foreseen restructuring of the two Indian operations ACC and Ambuja Cements. Javier de Benito will remain area manager for Africa Middle East, reporting directly to Bernard Terver.

Ian Thackwray, a member of the Holcim Executive Committee, will become responsible for East Asia, South East Asia, Oceania and Holcim Trading. With this move, important regional synergies in terms of increased collaboration will be reaped over time. Daniel Bach, currently CEO of Holcim Romania, will be appointed area manager for South East Asia and member of senior management of Holcim Ltd.

Alain Bourguignon, currently CEO of Aggregate Industries UK, has been named area Manager for North America/UK and member of senior management of Holcim Ltd. He will report directly to the CEO of Holcim Ltd.

The corporate functions investor relations and risk management will report to CFO Thomas Aebischer. All changes become effective from 1 January 2014.

Paul Hugentobler, currently responsible for South Asia & ASEAN (excluding the Philippines), will be retiring upon reaching the statutory age limit in February 2014. He will act as an advisor to the CEO of Holcim Ltd starting January 1st, 2014. Until then, Mr Hugentobler, who has been instrumental in building up the company’s position in Asia, will support a smooth transition phase into the new set up.

The area of responsibility of Holcim Executive Committee members, Roland Köhler, in charge of Europe excluding the UK, and Andreas Leu, responsible for Latin America, will remain unchanged.

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