Changes in Group Management

The Board of Directors of Lafarge-Holcim has decided to establish a more market-focused and agile management organization. The profit and loss responsibility of the countries will be strengthened with a greater emphasis on developing and executing winning market strategies. The 30 largest country organizations will directly report to the Executive Committee and the global business functions will be merged under one leadership. As a result of these changes, the Executive Committee will be reduced to nine members. The following changes are effective from 01.01.2018:

Region Europe

Marcel Cobuz (47) is appointed as Head Region Europe and Member of the Executive Committee. He joined LafargeHolcim in 2000 and has held various operational roles in six different countries. Marcel Cobuz has been Country CEO in Indonesia, Iraq and currently Morocco; he is a Romanian and French citizen and succeeds Roland Köhler, who has decided to retire.

Region North America

René Thibault (51) is appointed Head Region North America and Member of the Executive Committee. He joined LafargeHolcim in 1989 and has held various roles in France and Canada. He has been the CEO of Western Canada since 2012 with a strong track record in commercial roles and extensive expertise in downstream offerings for the customers. He is a Canadian citizen and succeeds Pascal Casanova who has decided to pursue opportunities outside the Group.

Simplifying the operating model

The two global business functions – Performance & Cost and Growth & Innovation – will be merged into a new corporate department, Growth & Performance, under one leadership. This will enable the company to simplify the interfaces with the countries and to operate a more agile global platform for Best Demonstrated Practice.

Urs Bleisch, currently Head of Performance & Cost and Member of the Executive Committee, is appointed Head of Growth & Performance. Gérard Kuperfarb, Head of Growth & Innovation, has decided to pursue a career outside the Group.

Alignment of regions

The regions will be fully aligned reflecting geographic and business similarities. Region Latin America will be complemented by Mexico, which was previously part of Region North America. Australia and New Zealand, previously part of Region Europe, will join Region Asia. China and Trading will report directly to the CEO.

The onboarding of the new CFO, Géraldine Picaud, took place on 03.01.2018.

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