HeidelbergCement announces managing board succession plans

HeildelbergCement has announced that Dr. Bernd Scheifele will be replaced by current deputy chairman Dr. Domink von Achten in 2020 as part of a long-term succession plan.

The company confirmed that Scheifele stand as a candidate as chairman of the supervisory board after the end of the statutory two-year cooling-off period in 2022 while Achten’s term will extend until 2025.

Scheifele, says: “In the person of Dr. Dominik von Achten, we have named a very competent and experienced successor as chairman of the managing board from within our own ranks. He has played a decisive role in the very successful integrations of Hanson and Italcementi and has proven his competencies in managing the group areas North America and Western and Southern Europe. With Ernest Jelito and Chris Ward, two further managers of our Group with many years’ experience in the business lines and international markets of HeidelbergCement, will be joining as new members of the managing board.”

Further decisions have also been made regarding the composition of the managing board as from 1 February 2020. The supervisory board has extended the contract of chief financial officer Dr. Näger until the end of May 2022 and appointed him as deputy chairman of the managing board. Von Achten will hand over responsibility for the Western and Southern Europe area to Jon Morrish, who has been in charge of North America. Chris Ward, currently head of the Canada region, will be promoted to the managing board and take on responsibility for the North America area.

Already starting in August 2019, Ernest Jelito, currently heading HeidelbergCement’s activities in Poland, will succeed Dr. Albert Scheuer as a member of the managing board in charge of the Northern and Eastern Europe-Central Asia area. Dr. Scheuer will leave the managing board after the end of his third term.

Fritz-Jürgen Heckmann, chairman of the supervisory board of HeidelbergCement, says: “Since assuming office in 2005, Dr. Bernd Scheifele has decisively shaped the group and successfully moved it into new dimensions both operationally and strategically. By introducing effective management processes and a lean organisation, he significantly increased the competitiveness of HeidelbergCement, propelling us to the forefront of the industry. He has also overseen expansion of our geographic footprint and the scope of our core activities and made HeidelbergCement the leading vertically integrated building materials company globally. Already today, the supervisory board would like to thank Dr. Scheifele for his longstanding commitment.”

Source

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