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[August 2007]
CRH Appoints Degussa's Former Chief Exec to Board
The Board of CRH plc has announced the co-option to the Board on 25 July 2007 of Professor Utz-Hellmuth Felcht as a non-executive Director.Professor Felcht was until May of last year Chief Executive of Degussa GmbH, Germany's third largest chemical company, with operations on all five continents and sales in 2006 of approximately €11 billion.
He started his career at Hoechst in 1977 and was a main Board Director of that company from 1991 to 1998. Between 1998 and 2000 he was Chief Executive of the chemical company SKW Trostberg AG which merged with Degussa-Huls in 2001 to form Degussa.
Professor Felcht is on the Board of Ciba AG and is a partner in the private equity group One Equity Europe GmbH. He is a member of the Advisory Board of Hapag Lloyd and of the supervisory board of SGL Carbon AG. He holds a PhD from Kaiserslautern University and Honorary Professorships from Munich University and from Jilin University in China.
www.crh.com
ENDS