People

US: Continental Building Products (CBP) has appointed James 'Jay' Bachmann to the position of president and CEO, effective immediately. Bachmann has served as interim CEO since November 2014 and CFO since January 2014. He will continue to serve as CFO in an interim role, pending the appointment of a permanent CFO.

CBP has also announced the appointment of Dennis Romps to the position of chief accounting officer (CAO). Romps will also continue to serve as senior vice president and corporate controller, positions he has held since January 2014.

Bachmann formerly served as CFO at Lafarge USA and co-chief financial officer of Lafarge North America from November 2012 through December 2013. He also held multiple executive responsibilities at Lafarge since 2002, including senior vice president of finance (Investor Relations) of Lafarge SA from January 2008 through October 2012 and senior vice president and controller of Lafarge North America from November 2005 to June 2006. Prior to Lafarge, he worked at Arthur Anderson from September 1990 to April 2002.

Romps previously served as CBP's CFO from August 2013 to December 2013. He formerly served as co-chief financial officer of Lafarge North America from December 2006 until August 2013, while also holding a variety of vice president positions in finance, IT and supply chain of the gypsum division of Lafarge North America from 2005 until August 2013.

Kenya: Lafarge has appointed two directors to the board of East African Portland Cement Company (EAPCC) following the exit of Titus Naikuni after eight years with the company. EAPCC said that the terms for ex-Capital Markets Authority chairman Kung'u Gatabaki and Sarone Sena, chairman of Eldoret University council, are effective immediately. Bill Lay was reappointed as EAPCC chairman for a three year period, effective from 7 November 2014, by president Uhuru Kenyatta.

Saudi Arabia: The management board of Tabuk Cement Company has appointed Ali al-Asmari as director general, effective as of 1 January 2015. Al-Asmari, who joined Tabuk Cement in 1996, has held various positions within the company's management, including head of quarries, factory director and deputy director general.

Saudi Arabia: The boards of directors at the Arabian Cement Company has approved the appointment of Abdullah Mohammed al-Eissa as board chairman, with a three-year term starting from 1 January 2015.

In early December 2014, the company elected a new board of directors. The other newly-elected board members are Ghassan al-Souleiman, Saud al-Souleiman, Adel al-Zaid, Ibrahim al-Rajhi, Ibrahim Aba al-Khail, Sami Baroum, Mu'taz al-Azawi and Alwaleed al-Dareean

France/Switzerland: Holcim and Lafarge have announced the executive committee for the proposed merged company, LafargeHolcim, due to be formed in the first half of 2015. As previously announced, Lafarge's current CEO Bruno Lafont will become LafargeHolcim's first CEO and the chairman of the new board will be Wolfgang Reitzle, currently chairman of Holcim.

Lafont will lead a project team of 10 managers from both Holcim and Lafarge to handle the transition. Once the merger is finalised, the members of this project team will be officially appointed members of the Executive Committee.

The future executive committee is composed of:

• Finance: Thomas Aebischer, currently in charge of Finance at Holcim;
• Integration, Organisation and Human Resources: Jean-Jacques Gauthier, currently in charge of Finance at Lafarge;
• Europe: Roland Köhler, currently in charge of Europe at Holcim;
• Asia Pacific: Ian Thackwray, currently in charge of East Asia Pacific and Trading at Holcim;
• Middle-East Africa: Eric Olsen, currently in charge of Operations at Lafarge;
• North America: Alain Bourguignon, previously in charge of North America and UK at Holcim;
• Latin America: Saâd Sebbar, currently in charge of Morocco at Lafarge;
• Performance and Cost: Urs Bleisch, currently in charge of Corporate Functions at Holcim;
• Growth and Innovation: Gérard Kuperfarb, currently in charge of Innovation at Lafarge;

In India both companies are well on track in preparing the merger of Holcim and Lafarge, with the future structure for the subcontinent to be announced in due course upon clearance by the Competition Commission of India.

The current executive committees of Holcim and Lafarge remain in charge and accountable for the activity and operations of their respective groups until completion of the merger. Both groups continue to operate entirely separately as competitors until the merger is completed.

The selection and nomination process for the rest of the leadership team is also well underway. Apart from the future executive committee, the following direct reports of the future CEO have been selected under project mode:

• Strategy and M&A, Christof Haessig, currently in charge of Corporate Finance and Treasury at Holcim;
• Communication, Public Affairs and Sustainable Development, Alexandra Rocca, currently in charge of Communication, Public Affairs and Sustainable Development at Lafarge;
• Legal, Xavier Dedullen, currently in charge of Legal & Compliance at Holcim;
• Health and Safety, Sapna Sood, currently in charge of Health and Safety at Lafarge.