Lafarge To Propose Frere, Guiraud, Rollier To Board
Monday March 31st, 2008 / 11h19
PARIS -(Dow Jones)- French construction materials firm Lafarge SA (LFRGY) will propose the nomination of Gerald Frere, Jerome Guiraud and Michel Rollier as members of its board of directors, according to a meeting notice published Monday in French official gazette Bulletin des Annonces Legales Obligatoires. Gerald Frere is managing director of Belgian financier Albert Frere's investment vehicle, Groupe Bruxelles Lambert (GBLB.BT), which held 20.1% of Lafarge as of March 4. Guiraud is a board member of Egyptian group Orascom Construction Industries (OCIC.CI). In January, Lafarge bought Orascom unit Orascom Cement. Rollier is French tire manufacturer Compagnie Generale des Etablissements Michelin's (12126.FR) managing partner. According to the statement, none of the men hold Lafarge shares. The nominations will be put forward for shareholder approval at Lafarge's general assembly meeting May 7, with all board mandates due to run for four years. -By Alice Dore, Dow Jones Newswires; +33 1 4017 1740; alice.dore@dowjones.com
