India: Gautam Adani, his son Karan Adani and his nephew Pranav Adani are all expected to join the boards of ACC and Ambuja Cement. Sources quoted by the Mint newspaper anticipated changes to the boards of both companies to start happening in mid-September 2022. At the same time, a number of existing board members of the subsidiaries of Switzerland-based Holcim are expected to resign. Adani Group’s US$10.5bn acquisition of the subsidiaries of Switzerland-based Holcim has been gathering pace, with the latter having completed its due diligence process and the mandatory open offers for the public shareholders finished.
First chief financial officer for heating technology manufacturer Coolbrook
Finland: Coolbrook, the manufacturer of electrically-powered gas heating technologies, has announced the appointment of Mikko Jaatinen as its first chief financial officer (CFO). Jaatinen was previously heading the Group Treasury's Funding & Markets team at Neste, a renewable fuels and circular solution company.
In his role as CFO at Coolbrook, Jaatinen will ensure that the company’s financial strategies and policies support its growing global partnerships and commercial relationships, including those with Cemex and UltraTech Cement. He will support Coolbrook’s ambitions of international expansion and scaling up its operations, and lead the development of sustainable financial strategies.
Coolbrook’s chief executive officer Joonas Rauramo said, “The appointment of a CFO is the next logical step in the growth and development of Coolbrook. Mikko’s experience and expertise in a wide range of finance functions and new business development combined with his leadership qualities make him ideally suited to the role.”
Read Global Cement’s interview with Joonas Rauramo in its September 2022 issue
Craig Kirkland appointed as plant manager of Tarmac’s Dunbar plant in Scotland
UK: Tarmac has appointed Craig Kirkland as the plant manager of Tarmac’s integrated Dunbar plant in Scotland. Kirkland first started working for the subsidiary of Ireland-based CRH in the mid-1990s as its Landfill & Recycling Manager. He later became its Commercial Manager in 2015 before becoming the Head of Transformation at the Dunbar plant in 2021.
Gerardo Kemnitz appointed as Director of Operations of Holcim Argentina
Argentina: Holcim Argentina has appointed Gerardo Kemnitz as its Director of Operations. He will lead Holcim’s operations in the country, where it operates three integrated cement plants and one grinding unit.
Kemnitz started working for the group in 1988 and spent the next 20 years working in maintenance roles at different plants. He later became a Health and Safety consultant for the Americas, Europe and Asia before being appointed as the director of the Tecomán plant in Mexico in 2014. More recently he worked as the manager of the Malagueño plant in Argentina.
