Thomas Schmidheiny and Bertrand Collomb have both decided not to stand for re-election in the upcoming Annual General Meeting, changing LafargeHolcim's Board of Directors.
Thomas Schmidheiny, who has been with the Group for almost 50 years in different management functions and later on the Board of Holcim, started his career for Holcim in 1970 and served as CEO between 1978 and 2001. Following the merger, Thomas Schmidheiny has been a Board member of LafargeHolcim since 2015 and he will remain one of the Group’s main shareholders.
In recognition of his many years of service to LafargeHolcim, the Board of Directors has decided to name Thomas Schmidheiny Honorary Chairman of the Group.
Bertrand Collomb joined Lafarge in 1975 after serving in different management positions, including Head of North American operations, Chairman and CEO of Lafarge ?from 1989 to 2003, and as Chairman until 2007 and then subsequently Director until 2012. He was named Honorary Chairman of Lafarge in 2007 and joined LafargeHolcim’s Board in 2015.
“For almost 50 years, Thomas Schmidheiny has made a significant contribution to the success of Holcim and later LafargeHolcim," said Beat Hess, Chairman of the Board of LafargeHolcim. "He was instrumental in successfully expanding into promising growth markets and has made Holcim one of the leading companies in its industry. On behalf of the Board and all employees I would like to thank Thomas Schmidheiny for his exceptional contribution to our company." “Bertrand Collomb has contributed significantly to the success of Lafarge and later LafargeHolcim in various roles," Hess continued. "Under his leadership Lafarge has become an industry leader in the building materials sector. On behalf of the Board of Directors and all employees I would also like to thank him.”
Read the article online at: https://www.worldcement.com/special-reports/05042018/lafargeholcim-announces-changes-to-its-board-of-directors/