Miljan Gutovic becomes new CEO of Holcim
Miljan Gutovic has been appointed by the Board of Directors as the new CEO of building materials producer Holcim. He will succeed the current CEO Jan Jenisch on 1 May 2024. He will remain Chairman of the Board of Directors.
The Board of Directors of Holcim has appointed Miljan Gutovic as Chief Executive Officer (CEO) of Holcim with effect from 1 May, according to a press release. He will succeed Jan Jenisch, who wishes to concentrate on his role as Chairman of the Board of Directors and is standing for re-election at the Annual General Meeting in May. The Board of Directors has also appointed Jenisch to lead the planned IPO of Holcim’s North American business in the USA.
Gutovic has been a member of Holcim’s Executive Committee since 2018. The Australian holds a bachelor’s degree in civil engineering and a doctorate in materials science and engineering from the University of Technology in Sydney. He was Head of the Middle East and Africa region, then of the Europe region and was responsible for Operational Excellence. Under his leadership, Holcim has strengthened its market positions, achieved industry-leading margins and turned decarbonisation into a driver of profitable growth, according to the press release.
Miljan Gutovic is “a highly qualified colleague who has made a decisive contribution to the successful transformation of Holcim into the leading company for innovative and sustainable construction solutions”, the still acting CEO Jenisch is quoted as saying. “Miljan has increased our profitability in Europe to a record level, successfully executed strategic transactions and built excellent teams.”
“As a passionate civil engineer, there is no more exciting company for me than Holcim – especially at a time when decarbonisation and advanced technologies are changing the way we build. I look forward to working with the Holcim teams worldwide,” future CEO Gutovic is quoted as saying.
Holcim, based in Zug, is one of the largest producers of building materials in the world. The company produces concrete, gravel and cement at 55 sites across Switzerland and turns demolition materials into resource-saving products.