Braas Monier Building Group S.A.: Pepyn Dinandt to resign in June 2016 as Executive Director and CEO of Braas Monier Building Group S.A.
Braas Monier Building Group S.A. / Key word(s): Change of Personnel
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Pepyn Dinandt to resign in June 2016 as Executive
Director and CEO of Braas Monier Building Group S.A.
Luxembourg, 10 August 2015. Pepyn Dinandt (53), Executive Director and CEO
of Braas Monier Building Group S.A., has informed the company that he does
not intend to seek a renewal of his appointment as Group CEO, expiring 30
June 2016, in order to pursue new professional challenges.
The company's Board of Directors will now initiate the search for a
successor for Pepyn Dinandt, who will continue to manage the company until
a successor is in place and ensure a frictionless handover.
Under Pepyn Dinandt's leadership over the past seven years, Braas Monier
Building Group significantly strengthened its position as a leading
manufacturer and supplier of pitched roof products, chimneys and energy
systems. Together with the Senior Management team he successfully led the
company through two economic downturns and improved its operational and
financial profile materially. The company today is in an excellent position
to fully concentrate on implementing its ambitious growth strategy,
supported by the Board of Directors and the entire Management team at Braas
Pierre-Marie De Leener, Chairman of the Board of Directors, thanked Pepyn
Dinandt wholeheartedly for the seven years he devoted to the success of
Braas Monier Building Group and the achievements he has made to position
the company for future growth.
Information and Explaination of the Issuer to this News:
Pepyn Dinandt has been the CEO of Braas Monier Building Group since July
2008. In addition to the regions and business lines, he is responsible for
the central functions Corporate Office and Compliance, HR and Health &
Safety, Group Communications and Investor Relations, Sales & Marketing,
Strategy and special projects.
Pepyn Dinandt has a Degree in economics from the University of Wales and
started his career at Hewlett Packard before moving to McKinsey & Company.
He then held a number of management positions in various industrial
companies, including that of CEO at Mannesmann Plastics Machinery GmbH.
About Braas Monier
Braas Monier Building Group is a leading manufacturer and supplier of
pitched roof products in Europe, parts of Asia and South Africa. The Group
covers all steps of the manufacturing process, offering a comprehensive
range of concrete and clay tiles for pitched roofs and is one of the few
suppliers to also manufacture and sell complementary roofing components
designed to cover various functional aspects of pitched roof construction.
The portfolio also includes ceramic and steel chimneys and energy system
solutions. Braas Monier had operations in 37 countries and
115 production facilities and employed around 7,600 people as at 30 June
2015. The Company is headquartered in Luxembourg.
Director Group Communications / Investor Relations
Braas Monier Building Group
Tel: +49 6171 61 28 59
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Company: Braas Monier Building Group S.A.
4, rue Lou Hemmer
Grand Duchy of Luxembourg
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart,
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