LafargeHolcim becomes Holcim again
LafargeHolcim is to operate under its old name Holcim again in the future. The cement giant is also relocating its headquarters from Rapperswil-Jona SG to Zug. Group CEO Jan Jenisch also sits on the board of directors.
At this year's General Meeting, the Board of Directors will propose that the name of the LafargeHolcim Ltd. in Holcim Ltd. to change, informs LafargeHolcim in a message . The aim is to increase the “efficiency and impact” of the globally active company and build on “the legacy of the group”. The various LafargeHolcim brand names will remain unaffected by the group's name change.
The company, which was founded in Holderbank AG in 1912, had been operating under the name Holcim since 2001. After the merger with the French building materials manufacturer Lafarge, the group was renamed LafargeHolcim in 2015.
In addition, the general assembly on May 4th is due to vote on the relocation of the headquarters from Rapperswil-Jona to Zug. This will complete the restructuring of the Group's office locations, which was initiated in 2018, writes LafargeHolcim.
In addition, upcoming changes to the Board of Directors will be communicated in the notification. Its Vice President Oscar Fanjul has decided to resign, LafargeHolcim informs. Fanjul was nominated for the Board of Directors by Lafarge in 2015. He had "played a central role in the successful merger of Lafarge and Holcim and made a significant contribution to making the company the leading global provider of building materials and solutions that it is today," said Chairman of the Board Beat Hess in the press release.
Jan Jenisch, who has been CEO of the Group since September 2017, is also to be elected to the Board of Directors at the Annual General Meeting. This serves to ensure continuity in management, explains the group.