Urs Bleisch, Corporate Functional Manager and member of Senior Management of Holcim Ltd, has been nominated member of the Holcim Executive Committee. He will keep his current responsibilities for Holcim Technology Ltd, Holcim Group Services Ltd, and the project management office of the Holcim Leadership Journey.

Alain Bourguignon, currently Area Manager in charge of Canada, UK, and USA, and member of Senior Management of Holcim Ltd, supported by Marc Soulé, currently Lafarge’s Senior Vice President Performance Management, will be seconded to the joint Divestment Committee that was established by Holcim and Lafarge in the context of their planned merger.

In their new roles, they will conduct management presentations to potential buyers of the assets Holcim and Lafarge proposed for divestment. They will also prepare the option of divesting these assets, including the option of separating these out in a single package, either in Europe or worldwide. In this specific context, should managerial resources be required, Alain Bourguignon would be proposed for the future CEO role and Marc Soulé for the future CFO role.

Holcim and Lafarge have previously announced their intention to make substantial divestments in connection with the overall merger process. Different options for how these divestments should be executed are currently being considered and discussed with the regulatory authorities and with potential buyers. Today’s announcement should not be taken as indicating that either Holcim or Lafarge would prefer one option over another. Any option considered will be subject to the approval of regulatory authorities and the completion of the proposed merger between Holcim and Lafarge, and will be carried out in the framework of the relevant social processes and ongoing social dialogue with the employee representatives' bodies.

As a consequence, Roland Köhler, member of the Holcim Executive Committee currently in charge of Continental Europe, will also take over responsibility for the UK. The enlarged region will be named ‘Europe.’ Andreas Leu, member of the Holcim Executive Committee currently in charge of Latin America, will in addition assume responsibility for USA and Canada. The enlarged region will be named ‘Americas.

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