Directorate Change
08 Abril 2003 - 5:15AM
UK Regulatory
RNS Number:7546J
Lafarge
8 April 2003
Euronext: LG, NYSE: LR Paris, April 8, 2003
Appointment at the Direction Generale of the Lafarge Group
As announced on February 27 2003, the positions of Chairman and Chief Executive
Officer of Lafarge will be separated after the next Annual General Meeting on
May 20, 2003. Bertrand Collomb will remain Chairman, while Bernard Kasriel, as
Chief Executive Officer, will be in charge of the Group's management.
Today Bertrand Collomb announced that on the same day he will propose to the
Board of Directors the appointment as Chief Operating Officer of Bruno Lafont.
Bruno Lafont will thus join the Direction Generale along with Michel Rose,
currently already Chief Operating Officer.
Bertrand Collomb said: "This promotion of an experienced manager of the Group to
reinforce the Direction Generale shows the solidity and solidarity of our teams
to lead our future successes."
Bruno Lafont, 47 year-old, joined Lafarge in 1983 and spent all his carrier in
the Group. Financial Director and Development Director of the Sanitaryware
Division, he then managed cement and concrete & aggregates operations in Turkey
and Mediterranean zone (1990-1994). Executive Vice President, Finance from 1994
to 1998, Bruno Lafont has been Executive Vice President Gypsum since 1998.
Lafarge is the world leader in building materials, and employs 77,000 people in
75 countries. The Group holds top-ranking positions in all four of its Divisions:
Cement, Aggregates & Concrete, Roofing and Gypsum. Lafarge posted sales of
Euro14.6 billion in 2002. More information is available on: www.lafarge.com
PRESS CONTACTS: INVESTOR RELATIONS:
Veronique Doux: (+33) 1 44 34 1947 James Palmer: (+33) 1 44 34 11 26
veronique.doux@lafarge.com james.palmer@lafarge,com
Daniele Daouphars: (+33) 1 44 34 11 51
daniele.daouphar@lafarge.com
Statements made in this press release that are not historical facts are forward-
looking statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are not guarantees of
future performance and involve risks, uncertainties and assumptions ("Factors")
which are difficult to predict. Some of the Factors that could cause actual
results to differ materially from those expressed in the forward-looking
statements include, but are not limited to the cyclical nature of the Company's
business, national and regional economic conditions in the countries in which
the Group does business: currency fluctuations, seasonality of the Company's
operations, levels of construction spending in major markets; supply/demand
structure of the industry; competition from new or existing competitors,
unfavorable weather conditions during peak construction periods; changes in and
implementation of environmental and other governmental regulations, our
ability to successfully identify, complete and efficiently integrate
acquisitions; our ability to successfully penetrate new markets; and other
Factors disclosed in the Company's Reference Document filed with the French COB
under the reference number D 03.0375, and its annual report on Form 20-F filed
with the Securities and Exchange Commission in the USA. In general, the Company
is subject to the risks and uncertainties of the construction industry and of
doing business throughout the world. The forward-looking statements are made as
of this date and the Company undertakes no obligation to update them, whether
as a result of new information, future events or otherwise.
Bruno LAFONT
Bruno Lafont (1956) is a graduate of the school of Hautes Etudes Commerciales
(HEC 1977, Paris) and the Ecole Nationale d'Administration (ENA 1982, Paris).
Bruno Lafont started his carrier at Lafarge as an internal auditor in the
Finance department in 1983. In 1984, he joined the Group's sanitaryware Division
as Chief Financial Officer of a subsidiary in Germany. He then was successively
in charge of the Division's Finance Department (1986-1988) and the Development
Department, based in Germany (1988-1989). In 1990, he was appointed Vice
President for Lafarge cement and aggregates & concrete operations in Turkey and
the Eastern Mediterranean zone.
He served as Executive Vice President, Finance from 1994 to 1998. Since 1998,
Bruno Lafont is Executive Vice President, Gypsum Division.
April 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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