Changes in the Executive Committee of Holcim Ltd
Holcim today announces that, with the successful public exchange offer and the expected closing of the merger with Lafarge, Andreas Leu and Bernard Terver will step down from the Holcim Executive Committee with completion of the merger.
Andreas Leu, currently responsible for the Americas, will leave the Group with effect from August 1, 2015. Bernard Terver currently responsible for Africa Middle East as well as South Asia will assume the position as Head of India for LafargeHolcim from the date of the closure of the merger. In this capacity he will continue his mandates in the Boards of Ambuja Cements and ACC Limited in India.
The Board of Directors and the Executive Committee of Holcim Ltd thank Andreas Leu for his contributions to the success of the Group and wish him all the very best for his future.
They also wish Bernard Terver all the very best in his new role within LafargeHolcim.
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Holcim is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in around 70 countries on all continents.
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