Margret Suckale has joined the Supervisory Board of HeidelbergCement AG as a shareholder representative, succeeding Alan Murray, who had resigned from his position. Suckale’s term will run until the company’s next Annual General Meeting on 9 May 2018.
“We are pleased that, in Margret Suckale, we have succeeded in attracting an experienced manager from the industry as a new member of our Supervisory Board,” said the Board’s Chairman, Fritz-Jürgen Heckmann.
Suckale was Chairwoman of the Employers’ Federation for the Chemical Industry (BAVC) and a member of the Board of Executive Directors at BASF until May 2017. In this position, she was responsible for a variety of business functions, including human resources, engineering and maintenance, and environmental protection, as well as managing BASF’s Ludwigshafen plant, the largest chemicals complex in the world.
“Her extensive experience and expertise in the basic industries and the operational management of [the Ludwigshafen] site will be a valuable addition to the Supervisory Board of HeidelbergCement,” concluded Heckmann.
Under German law, public companies operate a dual board structure. An executive board (Vorstand), headed by the CEO, is responsible for the daily management of the company. The Supervisory Board (Aufsichtsrat) oversees and appoints members of the Vorstand, approves major business decisions, and includes representatives of the shareholders and employees.
Read the article online at: https://www.worldcement.com/europe-cis/30082017/suckale-appointed-to-heidelbergcement-board/