Olsen named chief executive of Holcim, Lafarge merger
Eric Olsen was chosen to be the chief executive of the Holcim and Lafarge merger, reports Reuters. Olsen, a French American, has worked at Lafarge for 16 years. He currently works as its vice president for operations, responsible for Frank, the United States, Brazil and Egypt.
Olsen expressed confidence as leader of the $1.5 billion merger.
“I see my role not only as the operational leader but also as the integrator of cultures,” he said at a press conference on Thursday.
Since Olsen’s appointment, shares in Holcim rose 3.6 percent and shares in Lafarge rose 4.7 percent, says Reuters.
In addition, Holcim and Lafarge agreed that Bruno Lafont, Lafarge CEO, will become the merger’s co-chairman with Holcim’s Wolfgang Reitzle.
Related: Holcim and Lafarge confident merger to occur this summer
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
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