The Management Committee is composed of the CEO, who chairs the Management Committee, and the other members of the Management Committee. Such other members are appointed and removed by the Board of Directors upon advice of the CEO and the Remuneration and Nomination Committee.
The Management Committee exercises the duties assigned to it by the CEO, under the ultimate supervision of the Board of Directors. It does not constitute an executive committee (“directiecomité” / “comité de direction”) within the meaning of Article 524bis of the Belgian Companies Code. The Management Committee is an informal executive committee within the meaning of Article 96§3 of the Belgian Companies Code.
The Company's Management Committee consists of the following members:
Cyrille Ragoucy joined the Balta Group as interim-CEO in August 2018. He has thirty years’ experience in construction products, His last position was as CEO of Tarmac Ltd (originally Lafarge Tarmac), a leading building materials and construction solutions firm in the UK where he oversaw creation of the joint venture between Lafarge SA and Anglo American as well as the integration of several acquisitions, before the entity was purchased by CRH, a large, Irish construction firm in August 2015. From 1998 to 2012, Mr. Ragoucy was with Lafarge served as CEO for Lafarge Shui On Cement, a Chinese joint venture between Lafarge and Shui On, CEO of Lafarge Construction Materials for Eastern Canada and Group Senior Vice President for Health and Safety at Lafarge Holding, among other director and executive-level posts. Mr. Ragoucy holds a Masters of Management from University of Paris IX (Dauphine), France.
Tom Gysens joined the Balta Group as CFO in 2016. Prior to joining the Balta Group, Mr. Gysens worked for Beaulieu International Group for over ten years, serving as Group CFO from 2008 to 2016 and Group Controller from 2005 to 2008. Before Beaulieu, Mr. Gysens was Financial Projects Manager for Berry Floor Group from 2004 to 2005 and Senior Audit Manager for PricewaterhouseCoopers Bedrijfsrevisoren from 1997 to 2004. He holds a Master in Commercial Engineering (cum laude) and a Master in Accountancy and Auditing (cum laude) from the Catholic University of Leuven.
Tom Gysens provides services through Tom Gysens BVBA.
Marc Dessein has worked for the Balta Group since 1992 and has served as Managing Director of the Rugs Division since 2006. From 1993 until 2006, he was General Manager of the Wool-Heatset Rugs Business Unit of the Balta Group and prior to that he was Export Sales manager. From 1985 to 1992 he held sales and management positions at Pfizer, Radar and Sun International. From 1981 to 1985 he was Assistant Professor in the Faculty of Medicine at Catholic University Leuven. Mr. Dessein holds Master in Physical Education (magna cum laude) from the Catholic University of Leuven and a Master in Marketing (magna cum laude) from Vlerick Management School, University of Ghent.
Marc Dessein provides services through Marc Dessein BVBA.
Lieven Vandendriessche joined the Balta Group as Managing Director of the Carpets and Tiles Division in 2016. From 2011 to 2016, he worked as General Manager Europe and served as a member of the Executive Committee for Bekaert Deslee, a private equity owned global market leader for mattress textiles. From 2005 to 2011, Mr. Vandendriessche was Group Vice President of Operations for Deceuninck, a global leader in PVC window profile systems, having joined the group in 1995. Mr. Vandendriessche earned a Master in Business Economics (magna cum laude) from Erasmushogeschool, Brussels.
Lieven Vandendriessche provides services through Vandendriessche Consulting BVBA