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Switzerland: Holcim, Lafarge discuss new role for latter’s chief to save deal

By  |  March 18, 2015

Cement makers Holcim and Lafarge, seeking to save their merger deal, are discussing a new leadership for the combined group which would give Lafarge’s boss Bruno Lafont a lesser role, Reuters said on Wednesday.

When the deal was announced in April last year Lafont was presented as the future chief executive of what would be the world’s biggest cement maker. But the Swiss side has since grown dissatisfied with his leadership and financial track record, the people said.

Lafont could be named co-chairman of the future company, two of the sources said, alongside Wolfgang Reitzle, the current chairman of Holcim.

 

Full Content: Gulf Times

 

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