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US: Martin Marietta Materials has appointed James AJ Nickolas as its new chief financial officer (CFO) with effect from mid-August 2017. He will also become a Senior Vice President and will report to C Howard Nye, chairman, president and chief executive officer (CEO). He replaces Anne H Lloyd who is set to retire in September 2017.

Nickolas, aged 46 years, joins Martin Marietta from Caterpillar where he currently serves as the head of Corporate Development. Previously, as Group Chief Financial Officer of Caterpillar’s Resources Industries segment, he was responsible for financial planning and reporting, internal controls, compliance and M&A activity. Before joining Caterpillar in 2008, Nickolas was Executive Director at JP Morgan Securities where he worked on originating and executing debt and equity capital raising and mergers and acquisitions. He began his professional career as a Certified Public Accountant at Coopers & Lybrand where he was a senior tax associate. He holds a BS degree in Accounting from the University of Illinois at Urbana-Champaign and both an MBA in Finance and a JD degree from the University of Chicago.

Lloyd, aged 56 years, joined Martin Marietta in 1998 as Vice President and Controller. She was named Chief Accounting Officer in 1999 and was promoted to CFO in 2005. She was named Executive Vice President in 2009. As CFO, she has led the financial areas of Martin Marietta, including financial reporting, accounting, internal audit, investor relations, tax and treasury.

France: LafargeHolcim has appointed Heike Faulhammer as Group Head of Research & Development with effect from 1 July 2017. She will be based at the group’s global research and development (R&D) centre near Lyon, France.

Faulhammer, aged 50 years, joins LafargeHolcim from Arkema, a French chemicals producer, where she has spent 20 years in research, production, product innovation-related functions and sustainable development. In particular, she acted as a Director at Arkema’s global R&D centre in Lacq. Faulhammer graduated from the University of Freiburg (Germany) and holds a PhD in Chemistry.

Nigeria: Lafarge Africa has reduced the size of its board of directors to 11 members from 17. The African subsidiary of LafargeHolcim increased the size of its board followings its formation but following its annual general meeting it has now agreed to decrease it once more. Joe Hudson, Jean-Christophe Barbant, Oludewa Edodo-Thorpe and Thierry Metro have all resigned voluntarily with effect from 8 June 2017.

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