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France: Lafarge has two new options for CEO post merger

By  |  March 22, 2015

Lafarge the French cement maker, has identified two potential candidates to lead a combined company after the planned merger with Swiss competitor Holcim Bloomberg reported.

Lafarge Chief Financial Officer Jean-Jacques Gauthier and Executive Vice-President Eric Olsen are favored by the French company to act as chief executive officer of LafargeHolcim, said the report.

The plan to create the world’s biggest cement company, announced last April, hit a snag when Holcim asked March 16 for improved financial terms and went back on an agreement to make Lafarge CEO Bruno Lafont the CEO of the combined company.

The companies agreed on new terms on March 20, valuing Lafarge at 28.2 billion euros.

 

Full Content: Reuters

 

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