PPC APPOINTS CEO WITH GLOBAL EXPERIENCE

Cement producer PPC has appointed Roland van Wijnen to succeed Johan Claassen as CEO.

Van Wijnen is a Dutch national, whose listed company experience and
exposure to international global best practice is expected to enhance the
management practices of PPC.

“He is an ideal appointment as he has detailed knowledge of
the cement sector. He is up-to-speed with our
global strategic imperatives and will advance the process without any delays,”
chairperson Jabu Moleketi said
on Wednesday.

Van Wijnen has worked for LafargeHolcim,
previously Holcim, for 17 years.

“As CEO of the Philippine business, a public company, much the
same size as PPC, he successfully dealt with similar
challenges that PPC is facing. During his time, Holcim
Philippines successfully implemented a new retail business model and a growth strategy
to best serve customers and increase profitability.
 
“An Industrial Engineering graduate from Twente
University, in the Netherlands, Van Wijnen was CEO of
certain of Holcim’s Eastern European businesses between 2005 and 2010 and also
acted as CEO of Holcim’s global trading business before the Lafarge Holcim merger,” said
Moleketi.
 
“Having done some work for Holcim in South Africa before the company
moved its operations out of the region, he is
familiar with the country,” he added.
 
Van Wijnen has signed a four-year contract with PPC and will take over from Claassen as
soon as he receives a work permit.

PPC will also work with Van Wijnen over
the next four years to fast-track and implement its succession policy and
strategy.

In the role of CEO, Van Wijnen will be tasked with building and developing the executive
team and jointly accelerating the process of turning PPC into a high-performance
organisation that offers superior products and solutions to customers.

“I am excited and honoured to have been appointed into this
executive role at such iconic company that PPC is. PPC is currently undergoing
strategic projects to ensure the long-term
sustainability and viability of the group and I have been working on such
initiatives for the past decade. 

Meanwhile, PPC earlier on Wednesday announced a delay
in the release of its results for the financial year ended March 31 to
allow for the completion, by its auditors, of a review of considerations
relating to fair value adjustments of PPC‘s Zimbabwean financial assets that could range
between R0 and R50-million.

The company will now release its results on June 28.https://www.engineeringnews.co.za/article/ppc-appoints-ceo-with-global-experience-2019-06-26/rep_id:4136