Bertrand Collomb, Chairman of the Lafarge Group, and Bernard Kasriel, Chief Executive Officer, announced, before the opening of the annual meeting of the Group's 150 senior managers in Evian, that the Board of Directors met on September 26 and decided, upon recommendation of its Nominations Committee, to appoint Bruno Lafont Chief Executive Officer as of 1 January 2006.
Changes in the composition of the Group's Executive Committee will also be announced this evening during the meeting of senior managers in Evian.
Commenting on this announcement, Bernard Kasriel, Chief Executive Officer of Lafarge, stated: "I am particularly delighted that Bruno Lafont will be my successor next January 1. I have worked with Bruno for numerous years, and particularly over the past three years, to prepare for my succession and changes in the Group's Executive Committee. The new organisation will enable a new generation of leaders to direct the Group toward new ambitions and new heights."
Bertrand Collomb, Chairman of Lafarge's Board of Directors, added: "Today's announcement is the culmination of a process that began three years ago with Bernard Kasriel, under the direction of the Board of Directors, to organize the succession of the senior management team, in keeping with the Group's spirit and traditions. I am sure the new team will remain loyal to the values of the Group even as it takes on new challenges."
Currently Chief Operating Officer of Lafarge and Member of the Board of Directors, Bruno Lafont has conducted his entire career within the Group. Today he has joint responsibility for the Cement Division and oversees the Aggregates & Concrete Division, as well as Lafarge North America.
Source: Lafarge Group
