In the framework of their proposed merger of equals, the Boards of Directors (BoD) of Holcim and Lafarge have nominated their candidates for the future Board of Directors of the combined company, subject to closing of the transaction. The designated Board of Directors will consist of 14 members due to be elected at the Holcim Extraordinary General Meeting on May 8, 2015.
The candidates are:
- Wolfgang Reitzle, Co-Chairman (currently Chairman of the BoD of Holcim)
- Bruno Lafont, Co-Chairman (currently Chairman of the BoD and Chief Executive Officer of Lafarge)
- Beat Hess, Vice-Chairman (currently Deputy Chairman of the BoD of Holcim)
- Bertrand Collomb (currently Honorary Chairman of Lafarge1)
- Philippe Dauman (currently member of the BoD of Lafarge)
- Paul Desmarais Jr. (currently member of the BoD of Lafarge)
- Oscar Fanjul (currently Vice-Chairman of the BoD of Lafarge)
- Alexander Gut (currently member of the BoD of Holcim)
- Gérard Lamarche (currently member of the BoD of Lafarge)
- Adrian Loader (currently member of the BoD of Holcim)
- Nassef Sawiris (currently member of the BoD of Lafarge)
- Thomas Schmidheiny (currently member of the BoD of Holcim)
- Hanne Birgitte Breinbjerg Sørensen (currently member of the BoD of Holcim)
- Dieter Spälti (currently member of the BoD of Holcim)
Subject to the execution and completion of the merger project, Anne Wade and Jürg Oleas will resign from their office as members of the Board of Directors at Holcim with effect as of the completion of the merger project.
1His term of office as a member of Board of Directors of Lafarge ended in May 2012
Holcim is a global leader in the manufacture and distribution of cement and aggregates (crushed stone, gravel, and sand), as well as other activities, including ready-mix concrete, asphalt, and associated services. The company holds majority and minority shareholdings in some 70 countries and on every continent. In 2014, Holcim recorded net sales of over 19.1 billion Swiss francs. Thanks to our market-oriented structures, product innovations, skilled employees and efficient environmental management systems, Holcim is in a strong position now - and for years.
More information is available on Holcim website site: www.holcim.com
A world leader in building materials, Lafarge employs 63,000 people in 61 countries, and posted sales of €12.8 billion in 2014. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world’s leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity.
This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Lafarge or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Holcim. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Lafarge or Holcim.
This communication contains forward-looking information and statements about Holcim, Lafarge and their combined businesses after completion of the proposed transaction that have not been audited or independently verified. Forward-looking statements are statements that are not historical facts. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations. Although the managements of Holcim and Lafarge believe that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Holcim and Lafarge shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim and Lafarge, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. The combined group may not realize the full benefits of the transaction.