Displaying items by tag: Appointment

Switzerland: Holcim shareholders have elected Kim Fausing as the Chair of the group’s board of directors, succeeding Jan Jenisch, who will become chair and CEO of the group’s North American spin-off, Amrize. Other appointments include the election of Adolfo Orive and Sven Schneider as new Holcim board members.

Fausing has served on Holcim’s board since 2020. He is CEO of Danfoss, a Denmark-based supplier of heating and cooling, motor and electronics technology, and Deputy Chair of Germany-based SMA Solar Technologies, and previously held senior roles at Liechtenstein-based tooling company Hilti and Denmark-based windows producer VELUX. He holds an Executive Master’s of Business Administration from Henley Business School in the UK and a master’s degree in Mechanical Engineering from Aarhus Tech, Denmark.

Holcim's spin-off of its North American business, Amrize, is scheduled to be completed by the end of June 2025. Amrize shares are due to list on the SIX Swiss Exchange the New York Stock Exchange as AMRZ.

Fausing said “As Chair and CEO of Holcim for over seven years, Jan has made Holcim a leading company in its financial performance, sustainability, innovation and culture. I extend our deep thanks to Jan for his outstanding accomplishments.”

Taiwan: Taiwan Cement Corporation parent TCC Group Holdings has appointed its Chief Financial Officer, Randy Yu, to its board of directors. In a filing to the Taiwan Stock Exchange, the group said that Yu succeeds Senior Vice President Guo-Hong Yeh, who has resigned from the board.

India: Sagar Cements will appoint Rekha Onteddu as non-executive independent director with effect from 30 June 2025. People in Business News has reported that Rekha currently serves as an independent director at parent company Andhra Cements.

Switzerland/US: Holcim is progressing towards the planned listing of its North American business and has designated its future board members. The board will comprise 10 members and will become effective following the execution of the spin-off, expected in the first half of 2025, subject to shareholder and customary approvals.

Jan Jenisch, current chair of Holcim and its former CEO from 2017 to 2024, has been designated chair and CEO of the new business. Jenisch will remain Holcim’s chair until the Annual General Meeting on 14 May 2025.

The Board will include nine independent directors: Theresa Drew, Nicholas Gangestad, Dwight Gibson, Holli Ladhani, Michael McKelvy, Jürg Oleas, Robert Rivkin, Katja Roth Pellanda, and Cristina Wilbur.

US: Gabriel Carrero has taken on the role of Chief Commercial Officer (COO) at Carbon Limit, developer of the CO₂-sequestering concrete additive CaptureCrete. Carrero previously served as Senior Vice President, Sales & Marketing at fellow additive developer CarbonCure, and has held directorial roles in multiple companies in the cement and concrete chemicals innovation space, including working as COO of Sysdyne Technologies and NITROcrete and as Global Director, Specialty Construction Chemicals at GCP Applied Technologies. Carrero holds a Mechanical Engineering degree from the Centre Technological University (UNITEC) and an MBA from the University of Carabobo, both in Venezuela.

Rwanda: Kenya-based National Cement subsidiary Cimerwa has announced the appointment of Mangesh Verma as its CEO. He succeeds James Oduor, who oversaw the company’s acquisition by National Cement and its acquisition of Prime Cement.

Verma previously served as general manager commercial and operations for Kenya-based food producer United Millers. He previously occupied management positions in various companies in Kenya and India. He has an MBA from Dr RML Avadh University and a bachelor’s in Botany, Zoology and Chemistry from the University of Allahabad, both in India.

Australia: Zeolite, kaolin and metakaolin producer Zeotech has appointed James Marsh as its new CEO, effective from 9 September 2024. Current CEO Scott Burkhart will then transition to chief operating officer. The appointment is intended to support Zeotech’s entry into large-scale production of high reactivity metakaolin for use in cement and concrete.

Marsh is a director of Australian Kaolin. He previously worked as executive director sales and marketing at Andromeda Metals, after holding managerial roles at multiple minerals companies. He has a bachelor’s degree in Chemistry and Physics from the University of the West of England, UK.

Managing Director Peter Zardo said "James' technical experience in the industrial mineral and cement industries, especially metakaolin, will be pivotal in accelerating Zeotech's goal of becoming a significant supplier of premium supplementary cementitious materials. Queensland-based leadership is critical to achieving the Company's objectives as we ramp up work programmes and industry engagement, and James will play an essential hands-on role in executing Zeotech's strategy."

James Marsh said "I'm excited to join Zeotech at a crucial stage of the company's strategy, where I can utilise my experience and connections to make it a significant player in decarbonising the construction industry."

Nigeria: Lafarge Africa has announced leadership changes following the retirement of Adebode Adefioye as its chair. Adefioye served as a board member since 2012 and as chair since June 2020. Gbenga Oyebode succeeds Adefioye in the role of chair. Oyebode has 42 years’ legal, corporate governance and business operational experience. He currently also chairs Okomu Oil Palm Company, Nestle Nigeria and CFAO Nigeria. Upon his accession to chair, Oyebode will step down from all Lafarge Africa board committees.

Lafarge Africa appointed Puneet Sharma as chief financial officer. Sharma brings 30 years’ corporate experience, including management roles at Tropical General Investment Nigeria and GSK Nigeria. He is a member of The Institute of Chartered Accountants of India and a graduate of Panjabi University, Patiala, India.

Adebode Adefioye said "My tenure on the board is filled with good memories. The company has witnessed significant transformation in the last four years and I am happy that this is attributable to the efforts of every member of the board. I feel fulfilled in retiring as chair knowing fully well that I will be leaving the leadership of the board in good hands. I am grateful for the support of the entire board and the confidence reposed in me.”

China: Asia Cement (China) has announced its appointment of Shu-ping Hsu as an executive director, effective immediately. People in Business News has reported that Hsu will be responsible for formulating the overall business strategy of the company in China. He holds a master’s degree in Operation Research from Stanford University, US.

Denmark: M&J Recycling has appointed René Normann Christensen as its new CEO, effective immediately. Christensen brings extensive leadership from previous CEO roles at Kohberg Bakery Group, engineering firm Glunz & Jensen and circular food packaging producer Plus Pack. He has a degree in Finance from Syddansk Universitet.

M&J Recycling says that Normann Christensen’s appointment marks a strategic step towards the company's next growth phase. It thanked previous CEO Uffe Hansen for his ‘tremendous job’ in building a new, resilient organisation, ready for future growth.

ChairCarsten Knudsen said “After a successful carve out from Metso in 2021, M&J Recycling has now reached a point on the growth journey where it is necessary to change focus and increase momentum. There is a significant global potential for M&J’s industrial waste shredders, and I am confident that René Normann Christensen will, as the new CEO, strengthen the organisation and take M&J Recycling to the next level.”