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Baldomero Falcones appointed Chairman of Alpine Supervisory Board

11/07/2012

Baldomero Falcones appointed Chairman of Alpine Supervisory Board

Baldomero Falcones appointed Chairman of Alpine Supervisory Board

Baldomero Falcones Jaquotot, Chairman and CEO of FCC, has been appointed Chairman of the Supervisory Board of Alpine Holding GmbH. With this appointment, FCC, the Citizen Services Group, is seeking greater integration with its subsidiary in Central and Eastern Europe.

Falcones succeeds Dietmar Aluta, whom FCC maintained in the position after it acquired Alpine in mid-2006. The appointment of Baldomero Falcones is a further step towards strengthening management of Alpine, following the appointment of Johannes Dotter as CEO some months ago. Mr Falcones has an extensive track record in international business. He was formerly Chairman of Santander Central Hispano Seguros, Banco Urquijo Hispano Americano Ltd. London UK, Hispano Americano Sociedade do Investimento Lisboa and Banco Urquijo Chile, among others, and was a member of the Management Committees of BHA, BCH and Santander Central Hispano for 15 years. He was also chairman of MasterCard International until its IPO on the NYSE. Mr Falcones was formerly Chairman of RWE Spain and, prior to joining FCC in 2008, was a founding partner of Magnum Capital Partners, Spain's largest private equity firm.

About Alpine

Alpine Holding GmbH, a subsidiary of FCC, heads a construction group with headquarters in Salzburg and operations in 30 countries. Its annual revenues amount to more than 3.5 billion euro, and it has over 15,000 employees. It is a leading infrastructure construction and industrial services company in Central and Eastern Europe, with a particularly strong position in Austria and Germany, which together account for approximately two-thirds of total revenues. The energy division, Alpine-Energie, operates in Germany, Switzerland and Austria.