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Ash Grove appoints David Meyer as CFO
Written by Global Cement staff
11 February 2015
US: Ash Grove Cement has appointed David Meyer as its new chief financial officer (CFO). Meyer will also serve as vice president of the company. He replaces Randy Vance who was promoted to president and chief operating officer in August 2014. As CFO of Ash Grove, Meyer will direct accounting, treasury, internal audit, tax and information technology functions.
Meyer previously worked as the CFO of Dairy Farmers of America (DFA), a US$13bn dairy cooperative that is the largest privately-owned business in Kansas City. While at DFA, he helped the company divest National Dairy Holdings and acquire a 100% stake in Kemps LLC.
HeidelbergCement appoints Dominik von Achten as deputy chairman
Written by Global Cement staff
11 February 2015
Germany: The Supervisory Board of HeidelbergCement has added the position of a deputy chairman to its managing board. Dr Dominik von Achten, member of the Managing Board in charge of the North America Group area, Group Purchasing and the Competence Center Materials, has been appointed Deputy Chairman of the Managing Board effective from 1 February 2015. At the same time, Dr Bernd Scheifele had his tenure as chairman extended until 2020.
Wonder Cement appoints Jagdish Chandra Toshniwal as Executive Director
Written by Global Cement staff
04 February 2015
India: Wonder Cement has appointment of Jagdish Chandra Toshniwal as Executive Director. Prior to joining Wonder Cement, Toshniwal spent 18 years with Ambuja Cement and was the Business Head of the Northern Region based in Delhi. An engineer by training, Toshniwal has strong operational and commercial skills.
Wonder Cement is planning to double its manufacturing capacity to 6.75Mt/yr by the fourth quarter of 2015. The company has said it will invest US$259m towards this. Wonder Cement is also in the process of increasing its dealer network. The company has significantly increased its brand spend.
The company's 3.25Mt/yr cement plant is located in RK Nagar, Tehsil-Nimbahera, District Chittorgarh, Rajasthan. A waste heat recovery system is currently being installed and the company is planning to build its own railway line and a captive power plant.
JK group chairman chief patron Singhania dies
Written by Global Cement staff
04 February 2015
India: JK group Chairman Gaur Hari Singhania died on 4 February 2015 following a heart attack. Singhania, aged 80 years, was also the President of J K Organisation and a Promoter Director of JK Cement Ltd since its inception in 1994. He is survived by a son, Yadupati Singhania.
Singhania held chairmanship in other companies including Jaykay Enterprises Ltd, JK Cotton Ltd and JK Traders Ltd. He also served as Chairman of Merchants of Uttar Pradesh, the Employers Association of Northern India. He was also the founder chairman of the Uttar Pradesh Stock Exchange and founder patron of Associated Chamber of Commerce. Additionally, he served as Director in various corporations, such as in Pradeshiya Industrial Investment Corporation of Uttar Pradesh, UP State Industrial Development Corporation and Uttar Pradesh State Sugar Corporation.
A sports lover, he was the chief patron of Uttar Pradesh Cricket Association (UPCA). He also contributed to various universities and had opened a university at Udaipur, Rajasthan.
Semen Indonesia appoints Suparni as CEO
Written by Global Cement staff
28 January 2015
Indonesia: Semen Indonesia has appointed its operational director Suparni as its new CEO. The state-owned company has taken the decision after receiving 69.6% votes from 76.1% its overall shareholders, according to The Jakarta Post. Suparni replaces Dwi Soetjipto, who has joined the oil and gas company Pertamina. The shareholders also appointed Rizkan Chandra to the board of directors.