DGAP-News: Braas Monier Building Group S.A. / Key word(s): Change of Personnel
Board of Directors of Braas Monier decides on internal solution for CEO succession
- Pierre-Marie De Leener, Chairman of the Board of Directors, appointed interim Chief Executive Officer (CEO)
- Georg Harrasser, Regional President Central, Northern & Eastern Europe, appointed new Chief Operating Officer (COO)
- New leadership team (CEO / COO / CFO), effective as of 15 January 2016, to continue and further develop ambitious growth strategy together with existing senior management
Luxembourg, 12 January 2016. The Board of Directors of Braas Monier Building Group S.A. has appointed Pierre-Marie De Leener, Chairman of the Board of Directors, as interim Chief Executive Officer (CEO) of Braas Monier Building Group S.A., and Georg Harrasser, Regional President Central, Northern & Eastern Europe, as new Chief Operating Officer (COO) of Braas Monier Building Group S.A. Both appointments will be effective as of 15 January 2016.
'With the appointments the company will ensure continuity and be able to further execute its ambitious growth strategy while additionally benefitting from the vast business experience of Messrs. De Leener and Harrasser in their new positions', says Francis Carpenter, Chairman of the Nomination and Remuneration Committee of the Board of Directors of Braas Monier Building Group S.A. 'Mr De Leener's extensive CEO experience and outstanding track record of leading successful international business operations means that he is ideally positioned to drive forward the company's next phase of growth, backed by the new COO and the entire existing management team. With a long experience in the roofing industry and having led the Group's largest region for the past years, Mr Harrasser has consistently proven his ability to achieve operational excellence. In the important German market, he strongly improved the operating performance despite an overall challenging environment, in which he was nonetheless able to outgrow the market in terms of revenues and strengthen the long-term relations with key customers.'
The personnel changes follow the announcement of 10 August 2015 by Pepyn Dinandt that he does not intend to seek a renewal of his appointment as Group CEO, expiring 30 June 2016. Pepyn Dinandt will step down from all duties with effect as of 15 January 2016. He will ensure a frictionless handover in the course of the next weeks and be available as an advisor to the company until end of June 2016.
About Georg Harrasser
About Braas Monier
|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, Tradegate Exchange|
|End of News||DGAP News Service|