JÜRG OLEAS

In January 2025, ahead of the planned listing of Holcim’s North American business, Jürg was appointed as a designated independent director to serve on the Board of Directors of the planned North American company. The Board will become effective following the execution of the planned spin-off, expected by the end of the first half of 2025.

Background

Jürg holds an MSc in Mechanical Engineering from the Swiss Federal Institute of Technology (ETH) in Zurich, Switzerland.

He was Chief Executive Officer (CEO) of GEA Group Aktiengesellschaft, a Düsseldorf-based mechanical engineering company listed on Germany’s MDAX stock index, and has been a member of the GEA Group Executive Board since joining the company in May 2001. Initially responsible for the Group’s chemical activities, he was appointed CEO of GEA Group on 1 January 2005.

Before joining GEA Group, Jürg spent nearly 20 years with ABB and the Alstom Group, where he held several management positions.

Other activities and functions

• Chairman of the Board of Directors and Member of the Audit and of the Nomination and Compensation Committees of Hochdorf Holding AG, Hochdorf, Switzerland, which was renamed HOCN AG in 2024
• Member of the Board of Directors and Member of the Audit Committee of RUAG International Holding AG, Bern, Switzerland