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Camargo Correa taps Elstrodt as chairman

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World Cement,


Reuters are reporting that Camargo Correa SA, the Brazilian company with interests in cement, has announced that it has tapped Heinz-Peter Elstrodt as chairman.

The move forms part of the group's transformation into an investment holding company.

Elstrodt worked for McKinsey & Co for 32 years, and was recently the US consultancy company's head of Latin American operations.

The decision to appoint Elstrodt follows a decision by the family that controls Camargo Correa to migrate towards a model of running a portfolio of companies.

Elstrodt replaces Vítor Sarquis Hallack, who stepped down in August.

Read the article online at: https://www.worldcement.com/the-americas/02112016/camargo-correa-taps-elstrodt-as-chairman/

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