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Change in CFO at LafargeHolcim

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World Cement,

Change continues at the top of the world’s largest cement producer, LafargeHolcim. The Franco-Swiss company has announced the departure of Ron Wirahadiraksa as Chief Financial Officer (CFO) after only two years in the post. Wirahadiraksa will leave the company at the end of January next year.

The Dutch national, who joined the cement market in December 2015 from Phillips, has “decided to pursue opportunities outside the group,” according to a company statement.

Wirahadiraksa is to be replaced by Géraldine Picaud, who will also join LafargeHolcim’s Executive Committee. Picaud joins from Essilor International, an ophthalmic optics company, where she has been Group CFO since 2011.

Picaud has “a track record in delivering business results and restructuring within complex global business environments,” said Jan Jenisch, CEO of LafargeHolcim. “She is the ideal person to join our executive team and drive the next phase of growth in the company.”

A trained auditor, Picaud has also worked for commodities merchant, ED&F Man, in Switzerland, which followed 13 years as CFO for international speciality chemicals group, Safic Alcan.

Her appointment follows that of Jenisch, who joined LafargeHolcim as CEO on 1 September, following the departure of Eric Olsen. Olsen resigned following controversy over the operation of a cement plant in Syria.

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