Miljan Gutovic to become new CEO of Holcim

Company announces successor to Jan Jenisch, who will stand for re-election as chairman

HOLCIM’s board of directors has appointed Miljan Gutovic as chief executive officer (CEO) of Holcim, effective 1 May 2024. He will succeed current CEO Jan Jenisch, who will focus on his role as chairman and will stand for re-election at the AGM in May. Also, the board has tasked Mr Jenisch with leading the planned US listing of Holcim’s North America business.

Miljan Gutovic, an Australian national, has been a member of Holcim’s Group Executive Committee since 2018. He served as head of the Middle East and Africa, followed by Europe and operational excellence. Under his leadership, Holcim strengthened their market positions while delivering industry-leading margins and making decarbonization a driver of profitable growth.

Jan Jenisch said: ‘I am very pleased that the board has appointed Miljan as the new CEO of Holcim. He is a highly qualified successor who has played an instrumental role in Holcim’s successful transformation to become the leader in innovative and sustainable building solutions. Miljan has strengthened our business with record profitability in Europe, closing strategic transactions and building winning teams.

‘I am honoured to stand for re-election as the chairman of the board and to lead the planned US listing of Holcim’s North America business. I will continue to dedicate all my efforts to the future of Holcim and all our stakeholders.’

Miljan Gutovic said: ‘I thank the board of directors for trusting me to lead Holcim into their next chapter of success. As a civil engineer who is passionate about the construction industry, Holcim is the best company to be part of. With decarbonization and advanced technologies transforming how we build, there has never been a more exciting time for our sector. I look forward to working with the Holcim teams around the world to advance our leadership.’