Change in LafargeHolcim leadership in India

LafargeHolcim announced today that Martin Kriegner, currently Area Manager Central Europe, will be appointed Head of India, effective March 1, 2016. He will report to Eric Olsen, Group CEO and succeed Bernard Terver who has decided to retire.

Martin Kriegner joined LafargeHolcim in 1990 and has previously held several senior leadership positions in the Group, including CFO and CEO of the Group operations in Austria as well as Head of Lafarge India and Regional President Cement for Asia. He graduated from Vienna University with a Doctorate in Law and obtained an MBA at the University of Economics in Vienna. Martin Kriegner is an Austrian national.

The Group has a distribution network that extends across the entire country and continues to see opportunities to further build its business in India through the network of over 100,000 dealers and retailers.

Bernard Terver joined the Group in 1994 and became member of the Senior Management in 2012. He was responsible for Ambuja Cements and ACC in India since 2014 and was appointed Head of India at LafargeHolcim following the merger. The Board of Directors and the Executive Committee of LafargeHolcim thank Bernard Terver for his valuable contribution to the success of the Group over more than 20 years including the successful positioning of Ambuja Cements and ACC.

About LafargeHolcim

With a well-balanced presence in 90 countries and a focus on cement, aggregates and concrete, LafargeHolcim (SIX Swiss Exchange, Euronext Paris: LHN) is the world leader in the building materials industry. The Group has 115,000 employees around the world and combined net sales of CHF 32 billion (EUR 26 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the individual homebuilder to the largest and most complex project with the widest range of value-adding products, innovative services and comprehensive building solutions. With a commitment to drive sustainable solutions for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.

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