logo
Plus   Neg
Share
Email

LafargeHolcim Proposes Two New Board Members, Dividend

LafargeHolcim said that it will propose two new members for election to the Board of Directors of the company at its Annual General Meeting of shareholders. The AGM is scheduled to take place on May 12, 2020.

The company will request its shareholders to approve at the Annual General Meeting the appointment of Professor Philippe Block and Kim Fausing as new members.

Except for Paul Desmarais, Jr., all other existing members of the Board would stand for re-election, with Beat Hess remaining as Chairman.

In addition, the company will ask its shareholders to vote on compensation and to consider a dividend proposal of 2.00 Swiss francs per registered share, to be paid from foreign capital contribution reserves.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Amazon.com, Inc. can be held liable for damages caused by defective goods sold on its Marketplace including third parties, according to a ruling by a California appeals court. The California Fourth District Court of Appeals was pronouncing the ruling in a case where a defective replacement laptop battery caught fire and inflicted a woman with third-degree burns. Facebook has launched "Voting Information Center" on Facebook and Instagram platforms, with a view to boosting the number of Americans vote in the upcoming U.S. presidential election in November. The social media giant's latest initiative is expected to help 4 million voters register this year, and help them navigate a 'confusing election process'. Epic Games Inc., the developer of popular game Fortnite, has filed lawsuits against both Apple Inc. and Google after they removed the game from their app stores. The development reflects disputes related to app store fee the tech giants take from each purchase. Epic Games, which has been against the 30 percent revenue cut the two tech giants take from paid apps, added a direct payment option.
RELATED NEWS
Follow RTT