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LafargeHolcim makes changes to management structure
Lafarge Holcim has changed its management structure to make it more market focused. It has appointed Marcel Cobuz as the head of its European region and René Thibault as the head of its North American division. Two of the group s global business functions, Performance & Cost and Growth & Innovation, will be merged into a new corporate department, Growth & Performance, under one leadership. Further changes will be made to the reporting of its regions with the addition of Mexico to its Latin America region, the addition of Australia and New Zealand to Asia and its Chinese and Trading divisions will now report directly to the group s chief executive officer (CEO). “Establishing a market-focused management organisation is an important step towards generating an attractive growth profile and taking the company to its next level of performance,” said CEO Jan Jenisch. “The strengthening of the profit and loss responsibility of the countries and the simplification of global business functions will create a leaner and more agile operating model. Countries will be fully empowered and accountable for market strategies, cost discipline and results. The new organisation will be complemented by a strengthened performance management system focusing on growth, cash conversion, capital efficiency and people development.” The group s 30 largest country organisations 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. All of the management changes will take effect from 1 January 2018. Marcel Cobuz, aged 47 years, has been appointed as Head Region Europe and a member of the Executive Committee. He succeeds Roland Köhler, who has decided to retire. Cobuz, a Romanian and French citizen, joined LafargeHolcim in 2000. He has held various operational roles in six different countries and has been country chief executive officer (CEO) in Indonesia, Iraq and Morocco. Köhler will retire at the beginning of 2018. He has worked for LafargeHolcim and its predecessors for more than 30 years and has been a member of the Executive Committee since 2010, most recently as the Head of Europe, Trading and Oceania. Köhler will continue to support LafargeHolcim as chairman of the LafargeHolcim Foundation for Sustainable Construction. He will also continue to represent the group as a non-executive director in local subsidiaries of the company. René Thibault, aged 51 years, was been appointed as Head Region North America and a member of the Executive Committee. He succeeds Pascal Casanova, who has decided to pursue opportunities outside of the group. Thibault, a Canadian citizen, joined LafargeHolcim in 1989 and has held various roles in France and Canada. He has been the CEO of Western Canada since 2012. Urs Bleisch, currently Head of Performance & Cost and Member of the Executive Committee, has been appointed Head of Growth & Performance. Gérard Kuperfarb, Head of Growth & Innovation, has decided to pursue a career outside the group. Finally, the group s new chief financial officer (CFO), Géraldine Picaud, will take over the role on 3 January 2018, earlier than the February 2018 date that was originally announced.
UAECEMENT.COM - Dec ,19,2017

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