Italy: HeidelbergCement, the sole shareholder of Italcementi, has appointed a new board of directors for its subsidiary at a shareholder meeting on 19 October 2016. The new members are Luca Sabelli as chairman, Dominik von Achten as executive vice president, Lorenz N?ger as executive vice president and Roberto Callieri as chief executive officer.
From Oct. 12th 2016 HeidelbergCement became the sole shareholder of Italcementi and owns 100 per cent of the share capital. Italcementi shares were delisted from the Italian Stock Exchange on the same day.