Standard Industries Announces Leadership Changes at BMI Group

Tony Robson to Step Back as Executive Chairman
Georg Harrasser, President, and Tom Anderson, Chief Operating Officer, to Lead Business

NEW YORK, NEW YORK, April 9, 2018 – Standard Industries, a global industrial company with interests in building materials, aggregates, and related investment businesses in public equities and real estate, and parent company of BMI Group, today announced that Tony Robson will step back from his role as Executive Chairman of the company. Effective tomorrow, Georg Harrasser, President, and Tom Anderson, Chief Operating Officer, will lead the day-to-day operations of the business. Robson will join the BMI Advisory Board.

The new leadership structure will better position BMI towards its next stage of growth as the leading roofing and waterproofing manufacturer in Europe.

David S. Winter, Co-CEO of Standard Industries, said, “We would like to thank Tony for the work he has done, both at BMI over the past 12 months and as Executive Chairman at Icopal prior to that.”

David J. Millstone, Co-CEO of Standard Industries, said, “As experienced leaders, Georg and Tom have deep industry expertise and knowledge of our strategy and the markets we serve, making them well-positioned to lead BMI to the next level of performance.”

Both Harrasser and Anderson will report directly to Messrs. Winter and Millstone, and maintain their current direct reports.

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About Standard Industries

Standard Industries is a privately held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials, logistics, real estate and next-generation solar technology. Throughout its history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, Schiedel, SGI, and Standard Logistics, as well as Standard Investments and Winter Properties. Learn more at standardindustries.com.

About BMI Group
BMI Group, a combination of Braas Monier and Icopal, is the largest manufacturer of flat and pitched roofing and waterproofing solutions throughout Europe. With 152 production facilities and operations in Europe, parts of Asia and South Africa the company unites over 165 years of experience. More than 11,000 employees give established brands like Braas, Monier, Icopal, Bramac, Cobert, Coverland, Klöber, Masterflex, Redland, Schiedel, Siplast, Vedag, Villas, Wierer and Wolfin a face to the customer. BMI Group generated revenues of more than EUR 2 billion in 2016. The Group is headquartered in London.

Contacts
Standard Industries
Calvin Mitchell, +1 212-821-1594
calvin.mitchell@standardindustries.com

BMI Group
Achim Schreck, +44 20 3757 1912
achim.schreck@bmigroup.com