Holcim has taken the next steps towards the planned listing of its North American business and has designated its future Board members. The Board will comprise 10 members and will become effective following the execution of the planned spin-off, expected by the end of the first half of 2025, subject to shareholder and customary approvals.
Jan Jenisch has been appointed as the designated chairman and CEO of the planned North American company. Currently, Chairman of Holcim, Jenisch is leading the planned listing of the North American company and previously served as Holcim’s CEO from 2017 to 2024. He will continue serving as Holcim’s Chairman until its Annual General Meeting on 14 May 2025.
The Holcim Board has appointed nine designated independent directors to serve on the North American company’s Board of Directors, including Theresa Drew, Nicholas Gangestad, Dwight Gibson, Holli Ladhani, Michael E. McKelvy, Jürg Oleas, Robert S. Rivkin, Katja Roth Pellanda and Cristina A. Wilbur. These future Board members are highly experienced executives with deep expertise across key sectors, including construction, manufacturing, industrial operations and financial services. They have led companies as CEOs, presidents, partners, CFOs, and chief legal and people officers, bringing significant expertise to the North American market.
Jan Jenisch, Chairman of Holcim: “Today is an important milestone as we prepare Holcim’s North American business to become an independent public company. 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.”
