ZURICH (Reuters) - Proxy advisors Institutional Shareholder Services (ISS) and Glass Lewis have recommended shareholders vote for Holcim CEO Jan Jenisch to become the building materials company's next chairman, Holcim said on Friday.
Jenisch holding a dual mandate of chairman and CEO will be for a limited duration and a successor as chief executive will be announced within the next 12 months, the company said.
Holcim is due to hold its annual general meeting on May 4.
(Reporting by John Revill; Editing by Noele Illien)
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Mr. Jan Jenisch is a Chief Executive Officer & Director at LafargeHolcim Ltd. He is on the Board of Directors at Lafargeholcim Foundation for Sustainable Construction, Ambuja Cements Ltd., ACC Ltd., LafargeHolcim Ltd. and Glas Trösch Holding AG. Mr. Jenisch was previously employed as a Non-Executive Director by Schweiter Technologies AG, a General Manager by Sika Tivoli GmbH, a Managing Director by Sika Automotive Belgium, and a Chief Executive Officer by Sika AG. He received his undergraduate degree from the University of Fribourg and an MBA from the University of Fribourg.
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| HOLCIM LTD | Chief Executive Officer |
| Holcim Foundation For Sustainable Construction | Chief Executive Officer |
