Texas Roadhouse earnings missed by $0.05, revenue topped estimates
LONDON - RHI Magnesita N.V., a global leader in refractory products and solutions, has announced the nomination of Franz-Ferdinand Buerstedde as a Non-Independent Non-Executive Director, pending election at the upcoming 2025 Annual General Meeting. Buerstedde, a seasoned executive with a background in mergers and acquisitions at Citigroup (NYSE:C), has been put forward by Rhône Capital, a significant shareholder with approximately 24% holding in the company’s capital.
With a tenure at Rhône Capital that began in 2004 and elevated to Managing Director in 2011, Buerstedde brings a wealth of experience from his involvement in investment activities across various sectors. His current directorship roles include positions at MaxamCorp Holding S.L., Rexair LLC, Saks Global, and Sweet Oak Holdings LP, and his past board service includes Elizabeth Arden and Neovia Logistics, among others.
Buerstedde’s academic credentials include a Masters in Management from ESCP-EAP European School of Management and a Masters in Finance from London Business School. His multifaceted career also includes a stint in German Army Intelligence, where he served as a second lieutenant.
Chairman of the Board, Herbert Cordt, expressed confidence in the value Buerstedde will add to the board, citing his extensive experience as a key asset. The company will issue an updated Notice of Annual General Meeting in due course to shareholders.
The information for this article is based on a press release statement. There are no additional disclosures required under Listing Rule 6.4.8 concerning Buerstedde’s nomination.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.