Athens, September 29th, 2015

Mr. George Michos was today appointed CEO of Heracles, member of LafargeHolcim Group, assuming his duties as of October 1st 2015. He succeeds Mr. Pierre Deleplanque, who after seven years in Heracles, moves to become Area Manager Emerging Europe of LafargeHolcim Group, while remaining in the board of Heracles as a non executive member.


Mr. George Michos had previously been Senior Vice President RMX Concrete for Lafarge since January 2013 and in parallel, since July 2014, leader of the Operating Model & Organisation workstream for the LafargeHolcim merger. He joined Heracles General Cement Co, member of Lafarge group, in Greece in 2004 and held various executive positions before moving to India in early 2008 and becoming the COO of Lafarge India. In mid-2011 he became Senior Vice President Cement Strategy and M&A for the Lafarge Group in Paris. He began his career in the construction industry in Greece in 1994 and from 1998 until 2003 he worked in Consulting Companies in London, Paris and Athens. Mr. George Michos is 45 years, married with one daughter and he is a graduate of the National Technical University of Athens in Electrical & Computer Engineering (Dipl. Eng) and holds an MBA from Harvard Business School.

The Chairman Mr. Τakis Athanasopoulos on behalf of the Board of Directors thanked Mr. Pierre Deleplanque for his outstanding contribution to the Company's performance, despite the challenges the Company faced because of the country's economic crisis and said: 'The Board recognises the significant steps forward and the achievements of major strategic targets, such as the restructuring of the company, the promotion of Health & Safety, Innovation and the instilling of corporate culture and governance'.

Mr. George Michos said: 'With great pleasure I return to Greece to assume the role of Heracles CEO. My main objective is to build upon the foundation Pierre has established and lead the company to economic growth, focusing always on our customers and employees'.

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