- As expected, veteran Lafarge executive Eric Olsen will become CEO of the cement giant that will be created from the $44B merger of his current company with Holcim.
- Olsen, who is 51, is Lafarge's executive VP for operations and is responsible for countries that include France, the U.S., Brazil and Egypt.
- Lafarge CEO Bruno Lafont had been slated to head LafargeHolcim but the proposal ran into trouble with shareholders. (PR)
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- Tickers: OTC:LFGEF, OTCPK:LFRGY, OTCPK:HCMLF, OTCPK:HCMLY