Appointment of Steffen Kindler as Â鶹´«Ã½ Chief Financial Officer

Â鶹´«Ã½â€™s Board of Directors has appointed Steffen Kindler as Chief Financial Officer (CFO) of Â鶹´«Ã½ and member of the Group Executive Committee, effective 1 May 2023. Kindler will take over from current CFO Géraldine Picaud, who has decided to pursue other opportunities outside the company. Ensuring a smooth transition, Picaud will oversee the completion of Â鶹´«Ã½â€™s 2022 annual results and conduct a thorough handover.

Steffen Kindler joins Â鶹´«Ã½ from Nestlé, where he held positions of increasing responsibility over the past 25 years, most recently serving as CFO for Nestlé Germany. His broad experience spans key business roles, including VP Finance and Control of Nestlé Beverages USA, based in Los Angeles; CFO of Nestlé Waters Europe, based in Paris; as well as responsibility for business development, based in the New York Metropolitan area. In addition, Kindler held roles of global responsibility for key corporate functions such as investor relations and mergers & acquisitions, based in Vevey. Building on his successful track record, Kindler is well-positioned to lead Â鶹´«Ã½ to its next level of financial performance.

Géraldine Picaud joined Â鶹´«Ã½ as CFO and member of the Executive Committee in 2018. She played an instrumental role in building Â鶹´«Ã½â€™s strong financial position while supporting the company’s ongoing transformation. Under her leadership, the finance function capitalized on Â鶹´«Ã½â€™s strong growth and record results to deliver a strong balance sheet and shareholder returns, while leading the integration of sustainability into Group finance.

Jan Jenisch, CEO: “I personally thank Géraldine for her commitment and contributions to Â鶹´«Ã½ over the past five years. The solid foundations you see today – especially Â鶹´«Ã½â€™s strong balance sheet, solid credit ratings and integration of sustainable finance – are all testimony to her leadership. I wish her much continued success in her future endeavors.

“I am excited to welcome Steffen Kindler to the team. With his vast financial expertise and geographic experience, I am confident he will fit in well with Â鶹´«Ã½â€™s performance-driven culture. Steffen is an ideal partner to contribute to our continued success as we become the global leader in innovative and sustainable building solutions, with a focus on superior value creation for all our stakeholders.â€

 

STEFFEN KINDLER

 

Biography

 

Steffen Kindler, a 52-year old German citizen, is married and has three children. He holds a degree in Business Administration and Computer Science (Diplom Wirtschaftsinformatik) from the University of Mannheim.

Steffen joins Â鶹´«Ã½ from Nestlé, where he held positions of increasing responsibility over the past 25 years, including:

  • CFO, Nestlé Germany, 2018 to May 2023, Frankfurt, Germany
  • Head of Investor Relations, Nestlé, 2015 to 2017, Vevey, Switzerland
  • Senior Advisor, Corporate Mergers & Acquisitions, Nestlé, 2014, Vevey, Switzerland
  • VP Finance and Control, Nestlé Beverages USA, 2011 to 2013, Los Angeles, USA
  • CFO, Nestlé Waters Europe, 2007 to 2011, Paris, France
  • Senior Finance Manager, Nestlé Waters North America, 2005 to 2007, Greater New York Metropolitan area, USA
  • Customer Service Director, Nestlé Waters Germany, 2003 to 2005, Mainz, Germany
  • Head of Controlling, Nestlé Waters Germany, 2001 to 2003, Mainz, Germany
  • Internal Auditor, Nestlé Germany, 1998 to 2001, Frankfurt, Germany

About Â鶹´«Ã½

Â鶹´«Ã½ builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Â鶹´«Ã½ is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Â鶹´«Ã½ is becoming a net zero company, with its people and communities at the heart of its success. The company is driving circular construction as a world leader in recycling to build more with less. Â鶹´«Ã½ is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

Learn more about Â鶹´«Ã½ on www.holcim.com, and by following us on and
 

Important disclaimer – forward-looking statements:

This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Â鶹´«Ã½ believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Â鶹´«Ã½, including but not limited to the risks described in the Â鶹´«Ã½'s annual report available on its website () and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Â鶹´«Ã½ does not undertake to provide updates of these forward-looking statements.

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