Holcim has announced key leadership changes ahead of its planned listing of its North American business.
As part of the preparation to list the North American business, the company has revealed its appointments for chief executive officer and future board members.
Current Holcim chairman Jan Jenisch has been appointed as the chairman and chief executive officer of the pending North American company. Jenisch has played a key role in the North American project and also previously served as Holcim’s chief executive officer from 2017 to 2024.
Alongside Jenischls appointment, Holcim has designated nine members of the future board, including Theresa Drew, Nicholas Gangestad, Dwight Gibson, Holli Ladhani, Michael E. McKelvy, Jürg Oleas, Robert S. Rivkin, Katja Roth Pellanda and Cristina A. Wilbur.
“Today is an important milestone as we prepare Holcim’s North American business to become an independent public company,” Jenisch said.
“The designated members of the Board of Directors collectively bring impressive track records and a best-in-class mix of domain expertise, diverse perspectives, and leadership experience.
“Together, we will deliver strong governance and support the company’s priorities of market leadership and superior value creation for shareholders, customers, employees and all stakeholders.”
Jenisch will continue to serve as chairman of Holcim’s board until the upcoming annual general meeting on May 14.
The company has proposed Kim Fausing as the successor to Jenisch as the chairman of Holcim’s board of directors. The proposal will be subject to vote at the AGM.
Fausing has been on the board since 2020 and serves on its audit committee. Additionally, he is the president and chief executive officer for the Danfoss Group in Denmark.
“We are delighted to propose Kim Fausing as Chairman of the Board of Directors to our shareholders,” Jenisch said.
“Kim is a highly successful CEO of a global technology leader in energy-efficient building solutions, electrification and machine productivity.
“As an acting CEO for over seven years, along with five years as a Holcim Board member, we are confident Kim will be a great Chairman for Holcim.”
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