Holcim’s Board of Directors recently appointed Steffen Kindler as chief financial officer of Holcim, and a member of the Group Executive Committee, a press release reported.
His role with the company will become effective on May 1, 2023.
Under his new role, Kindler will take on the duties of CFO Géraldine Picaud, who recently confirmed her departure from the company following the completion of Holcim’s 2022 annual results.
“I personally thank Géraldine for her commitment and contributions to Holcim over the past five years,” CEO Jan Jenisch said. “The solid foundations you see today – especially Holcim’s strong balance sheet, solid credit ratings and integration of sustainable finance – are all testimony to her leadership. I wish her much continued success in her future endeavors.”
Before accepting his role with Holcim, Kindler worked at Nestlé for 25 years, contributing to various regions. He also contributed to several Vevey-based investor relations and mergers and acquisitions.
Picaud concludes a four-year tenure with the company. Taking over the role of CFO and member of the Executive Committee, she was responsible for leveraging the company’s financial status.
“Under her leadership, the finance function capitalized on Holcim’s strong growth and record results to deliver a strong balance sheet and shareholder returns, while leading the integration of sustainability into group finance,” a recent press release states.
“I am excited to welcome Steffen Kindler to the team,” Jenisch said. “With his vast financial expertise and geographic experience, I am confident he will fit in well with Holcim’s performance-driven culture. Steffen is an ideal partner to contribute to our continued success as we become the global leader in innovative and sustainable building solutions, with a focus on superior value creation for all our stakeholders.”