Business Wire

JM Announces Sabine Schmidt as the New Chief Financial Officer

Share

Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today Sabine Schmidt is the company’s new Chief Financial Officer, effective on September 1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200723005925/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Sabine Schmidt (Photo: Business Wire)

“Sabine brings a breadth of financial experience at Johns Manville and in the industry to her new position,” said Bob Wamboldt, President of JM’s Insulation Systems business. “Her expertise will serve JM well as we strive to be the Employer of Choice and Supplier of Choice in the markets we serve. We are delighted Sabine will be part of our leadership team.”

Wamboldt will become JM’s President and CEO at the same time Schmidt assumes her new job. Greg Clarke, JM’s current CFO, will become President of the Insulation Systems business.

“Johns Manville is in great hands with these experienced leaders in their new roles,” said Mary Rhinehart, JM’s President and CEO. “I am confident we will continue delighting our customers, adding value and delivering positive JM Experiences that position JM well into the future.”

Rhinehart will continue as Chairman of Johns Manville when the leadership changes take effect this fall.

Schmidt joined JM in 2006 as the Corporate FP&A Manager. She was later promoted to Finance Director, Engineered Products North America. Schmidt assumed her current job of Director of Finance for JM’s Insulation Systems business in 2012.

In her new role, Schmidt will be responsible for all global financial functions and corporate development activities for the company.

Before joining Johns Manville, Schmidt held several jobs at Fortune 100 automotive supplier Dana Corporation. She began her career in internal audit for both the U.S. and Europe and gained increasing responsibility throughout her six-year tenure there, including jobs as Plant Controller for both an axle assembly plant and unionized drive shaft manufacturing plant. Sabine later worked at Holcim as Corporate Manufacturing Controller and was responsible for all aspects of operations accounting and controllership for 12 cement plants.

A German native, Schmidt earned a master’s degree in business administration, technically oriented, with majors in finance, controllership and energy technique from the Universität of Stuttgart. Sabine and her husband live in Littleton, CO.

About Johns Manville

Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality building and specialty products. In business since 1858, the Denver-based company has annual sales over $3 billion and holds leadership positions in all of the key markets that it serves. Johns Manville employs 8,000 people and operates 46 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Eric Brown, Johns Manville
303-809-2853
Eric.Brown@jm.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Loop Energy Enters Joint Market Development Agreement With Técnicas Reunidas to Accelerate the Commercialization of Hydrogen-Powered Vehicles5.8.2021 15:00:00 EEST | Press release

Loop Energy (TSX:LPEN), a developer and manufacturer of hydrogen fuel cell-based solutions, announces their joint market development agreement with Técnicas Reunidas (TR) – a global provider of services for investors in hydrogen infrastructure based in Madrid, Spain. Under this agreement, both parties will aim to secure future opportunities that require both TR’s hydrogen know-how and Loop Energy’s fuel cell technology. The initial scope of this joint market agreement focuses on providing hydrogen-based solutions to several key vertical markets: transport agencies, truck, transit and coach bus service fleets, materials handling, warehouse and port logistics including drayage, urban delivery services and stationary power applications. With the assistance of TR’s on-site production and supply equipment, creating hydrogen both via water electrolysis and steam reforming of natural gas, biogas or bioethanol, Loop will be able to provide more convenient and cost-effective hydrogen solutions

Moody's to Acquire RMS, Leader in Climate & Natural Disaster Risk5.8.2021 14:18:00 EEST | Press release

Moody's Corporation (NYSE: MCO) and RMS announced today that they have entered into a definitive agreement for Moody’s to acquire RMS, a leading global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion from Daily Mail and General Trust plc (LON: DMGT). The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the Company’s global integrated risk capabilities to address the next generation of risk assessment. With over 400 risk models covering 120 countries, RMS is the world’s leading provider of climate and natural disaster risk modeling serving the global property and casualty (P&C) insurance and reinsurance industries. For the fiscal year ending September 30, 2021, RMS is expected to generate revenue of approximately $320 million1 and adjusted operating income of approximately $55 million1. "Today’s leaders face a complex, interlink

ViacomCBS Partners With Sky to Launch Paramount+ in Europe5.8.2021 14:00:00 EEST | Press release

ViacomCBS Networks International (VCNI), a division of ViacomCBS Inc. (NASDAQ: VIAC, VIACA) and Sky, part of Comcast Corporation (NASDAQ: CMCSA), today announced that Paramount+ will launch on Sky platforms in the UK, Ireland, Italy, Germany, Switzerland and Austria (GSA) in 2022 as part of a new multi-year distribution agreement that also includes the extended carriage of ViacomCBS’ leading portfolio of pay TV channels and the renewal of Sky as an ad sales partner in select markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210805005410/en/ “We are thrilled to expand our long-standing partnership with Sky to continue delivering ViacomCBS’ leading portfolio of premium entertainment brands to Sky customers and importantly bring Paramount+ to new audiences in all Sky markets, including the UK, Ireland, Italy, and GSA,” said Raffaele Annecchino, President and Chief Executive Officer, ViacomCBS Networks International. “This

Final Results from the Longest Hereditary Angioedema Study of Active Treatment Duration Conducted to Date Support the Sustained Safety and Efficacy of TAKHZYRO® (lanadelumab) Injection for Long-Term Prevention of Hereditary Angioedema Attacks5.8.2021 14:00:00 EEST | Press release

Takeda Pharmaceutical Company Limited (TSE: 4502/NYSE:TAK) (“Takeda”) today announced the publication of the final results from the Phase 3 HELP (Hereditary Angioedema Long-term Prophylaxis) Study™ Open-label Extension (OLE) designed to evaluate the long-term safety (primary endpoint) and efficacy of TAKHZYRO® (lanadelumab) 300mg every two weeks for up to 2.5 years. The study results show that preventative treatment with TAKHZYRO markedly reduced the frequency of hereditary angioedema (HAE) attacks in patients 12 years of age and older who received treatment for a mean duration of almost 2.5 years (29.6 months; 8.2 standard deviation).1 The data were published online this month in the journal Allergy. Secondary endpoints of the study showed the mean (min;max) HAE attack rate observed in the study population (N=209) was reduced by 87.4 percent (-100; 852.8) overall versus baseline, and attacks requiring acute treatment (N=106) were reduced by 93.4 percent (-100; -52.8).1 Reductions were

Vedanta Aluminium Becomes India’s Largest Green Power Purchaser5.8.2021 13:48:00 EEST | Press release

Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, became India’s largest green power purchaser at the Indian Energy Exchange Limited (IEX) in Q1 FY22. For its largest integrated aluminium production facility at Jharsuguda, in Odisha (India), Vedanta procured 354 million units of solar and non-solar renewable energy primarily from IEX’s Green Term-Ahead Market (GTAM). Purchase of green power from GTAM has enabled organisations like Vedanta to achieve their carbon-mitigation targets while producing ‘green’ value-added products. Vedanta Aluminium’s purchase of green power units is more than 35% of the green power traded on IEX in Q1 FY22. Speaking about Vedanta’s approach towards carbon mitigation, Mr. Rahul Sharma, CEO – Vedanta Aluminium Business said, “Our sustainability imperatives are designed to fulfil our climate impact reduction targets, which are in complete alignment with the goals of Paris Agreement and Nationally Determined Contributio

ISAE-SUPAERO Continues Its Involvement in the InSight Mission and Reveals the Results of Its Research From Planet Mars5.8.2021 11:24:00 EEST | Press release

Launched by NASA in May 2018, the InSight mission is pursuing the objective of studying the internal structure of the planet Mars using the SEIS seismometer developed by ISAE-SUPAERO. Three studies, published on July 23 in the journal Science, reveal, for the first time, an estimate of the size of the core, the thickness of the crust and the structure of the mantle of the red planet. Three of the co-authors, Raphaël Garcia, Mélanie Drilleau and Nicolas Compaire, are from ISAE-SUPAERO, and are collaborating on this major seismic exploration project, which represents a significant step in the understanding of the formation and thermal evolution of Mars. Before this mission, the internal structure of Mars was still poorly understood. The details of the planet's internal structure and the depth of the boundaries between crust, mantle and core were completely unknown. With the successful deployment of the SEIS experiment on the surface of Mars in early 2019, the scientists collected and ana

Yamaha Motor Earnings Continue to Rise in Second Quarter5.8.2021 11:12:00 EEST | Press release

Yamaha Motor Co., Ltd. (TOKYO:7272) announces its consolidated business results for the first half of fiscal 2021. Net sales for the consolidated accounting period for the first six months of the fiscal year ending December 31, 2021 were 920.1 billion yen (an increase of 234.6 billion yen or 34.2% compared with the same period of the previous fiscal year) and operating income was 109.2 billion yen (an increase of 90.1 billion yen or 471.9%). Ordinary income was 115.1 billion yen (an increase of 94.3 billion yen or 454.8%) and net income for the period attributable to owners of parent was 93.1 billion yen (compared to a quarterly net loss of 2.8 billion yen in the same period of the previous fiscal year). For net sales, the worldwide spread of COVID-19 infections since March last year led to lower unit sales and production numbers, but the impacts have diminished over this first half of the fiscal year and demand has recovered in all business segments, resulting in higher sales overall.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom