Holcim shareholders have approved the planned spin-off of its North American business with an overwhelming majority.
At the recent annual general meeting, shareholders approved the planned spin-off, to be named Amrize, by 99.75 per cent.
Shareholders approved all of the proposals from the Holcim board of directors. This included the 2024 annual report, the 2024 compensation report, the 2024 report on non-financial matters, and compensation for the Holcim Executive Committee for the 2026 financial year.
Kim Fausing officially took over as chairman of the Holcim board of directors from Jan Jenisch. Jenisch is preparing to become the chairman and chief executive officer of Amrize.
“I am honoured to be taking over as Chairman from Jan Jenisch and grateful for the trust placed in me by Holcim shareholders,” Fausing said.
“As Chairman and CEO of Holcim for over seven years, Jan has made Holcim a leading company in its financial performance, sustainability, innovation and culture.
“On behalf of the Board, I extend our deep thanks to Jan for his outstanding accomplishments. We also thank our outgoing board members Hanne Sørensen and Jürg Oleas for their invaluable contributions. Building on Holcim’s record 2024 performance, the Board and I look forward to working with CEO Miljan Gutovic to continue driving value for all stakeholders.”
The make-up of the Holcim board of directors is now complete. The board includes 10 independent members:
Kim Fausing (Chairman), Philippe Block, Leanne Geale, Catrin Hinkel, Naina Lal Kidwai, Ilias Läber, Michael H. McGarry, Adolfo Orive, Claudia Sender Ramirez and Sven Schneider.
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