(Brussels, Belgium) — Alan Murray, a former member of HeidelbergCement’s Management Board and Dr Herbert Ltkestratktter have been appointed to the Supervisory Board of HeidelbergCement.
Dr Ltkestratktter and Mr Murray will replace Eduard Schleicher and Gerhard Hirth, who resigned their positions at the end of last year following changes in the shareholding structure of HeidelbergCement.
Heidelberg Cement’s Management Board Chairman Dr Bernd Scheifele said, “We are delighted that we have been able to win over two experienced and highly competent new members in Dr Ltkestratktter and Mr Murray for our Supervisory Board. The changed composition of the Suerpvisory Board clearly reflects the new role of HeidelbergCement as a public company with an international shareholder base.
Supervisory Boards are appointed by company shareholders to promote their interests and supervise the actions of the Executive or Management Board, comprising directors and the CEO. The Supervisory Board performs a similar function to that of non-executive directors in companies that have a single Board structure.