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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  LafargeHolcim    LHN   CH0012214059

LAFARGEHOLCIM

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LafargeHolcim : appoints new CEO of Aggregates and Construction Materials

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02/12/2019 | 03:31am EDT

LafargeHolcim in the US has announced the appointment of Jay M. Moreau as CEO of US Aggregates and Construction Materials operations. Moreau brings significant experience in the construction materials industry, which it is hoped will ensure the growth and success of the business in the US.

Moreau joins LafargeHolcim from Martin Marietta, a supplier of building materials. At this company, he held positions of increasing responsibility, including the roles of regional vice president and general manager, division president, and most recently senior vice president of operations services.

Moreau holds a bachelor of science degree in business/pre-law from Juniata College. He also holds certificates of achievement from the Georgia Institute of Technology and University of Virginia-Darden Schoolof Management. Moreau has also participated in numerous industry organisations and intends to continue his involvement.

Moreau is to succeed Guy Edwards, who was recently appointed CEO of Aggregate Industries in the UK.

Jay has a proven track record in this industry and his expertise and strong focus on commercial growth and operational excellence will be valued contributions to LafargeHolcim in the US, said Ren Thibault, Group Executive Committee Member and Region Head of LafargeHolcim North America. Having started his career in commercial roles, we know he will bring strong leadership to the organisation and drive continued growth across our US business.

(c) Palestine News Network, 2003 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (CHF)
Sales 2019 27 940 M
EBIT 2019 3 836 M
Net income 2019 2 062 M
Debt 2019 12 447 M
Yield 2019 3,87%
P/E ratio 2019 15,42
P/E ratio 2020 13,69
EV / Sales 2019 1,60x
EV / Sales 2020 1,48x
Capitalization 32 178 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 53,2  CHF
Spread / Average Target 0,30%
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Managers
NameTitle
Jan Jenisch Chief Executive Officer
Beat W. Hess Chairman
Géraldine Picaud Chief Financial Officer
Heike Faulhammer Group Head-Research & Development
Bertrand P. Collomb Independent Director
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