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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   

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 10 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.

About Standard Industries

Standard Industries is a privately-held, global, diversified holding company 
with interests in building materials, aggregates, and related investment 
businesses in public equities and real estate. With over 15,000 employees and 
operations in more than 80 countries, Standard's businesses include: GAF, the 
leading roofing and waterproofing manufacturer in North America; BMI Group, the 
leading manufacturer and supplier of flat and pitched roofing systems for the 
residential and non-residential markets in Europe, parts of Asia, and South 
Africa; Siplast, a leader in the development and manufacture of the world's 
most advanced roofing and waterproofing systems; SGI, a leading North American 
aggregates and mining company; 40 North, a fundamentally-based investment fund 
focused on both public equities and third-party managed alternative 
investments; and Winter Properties, a vertically integrated real estate 
investment management and development enterprise. Learn more at 
http://www.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



SOURCE: Standard Industries