{"id":649224,"date":"2017-04-26T04:01:19","date_gmt":"2017-04-26T04:01:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/lafarge-ceo-olsen-out-amid-pressure-from-anchor-shareholders-including-nassef-sawiris\/"},"modified":"2017-04-26T04:01:19","modified_gmt":"2017-04-26T04:01:19","slug":"lafarge-ceo-olsen-out-amid-pressure-from-anchor-shareholders-including-nassef-sawiris","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/lafarge-ceo-olsen-out-amid-pressure-from-anchor-shareholders-including-nassef-sawiris\/","title":{"rendered":"Lafarge CEO Olsen out amid pressure from anchor shareholders including Nassef Sawiris"},"content":{"rendered":"<p><strong>MOVES- <\/strong>Lafarge CEO Eric Olsen will step down in July, reportedly under pressure from three big shareholders with strong opinions about how he should do his job, the <a href=\"https:\/\/www.ft.com\/content\/985dd20a-28e9-11e7-bc4b-5528796fe35c\">Financial Times says<\/a>. Among those shareholders: Nassef Sawiris. Oddly enough, the FT reports, it was Lafarge\u2019s acquisition of Orascom\u2019s contruction arm in a decade ago that saw the company acquire a presence in Syria that led directly to Olsen\u2019s ouster. Olsen led the post-acquisition integration of Orascom into Larfarge as the group\u2019s head of human resources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOVES- Lafarge CEO Eric Olsen will step down in July, reportedly under pressure from three big shareholders with strong opinions about how he should do his job, the Financial Times says. Among those shareholders: Nassef Sawiris. Oddly enough, the FT reports, it was Lafarge\u2019s acquisition of Orascom\u2019s contruction arm in a decade ago that saw [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649224","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a9df12a1-e09a-4745-8218-c5788ed8c146","order":"0","is_powered_by":true,"section_story_id":"49ec4b97-b2f0-425d-a688-59f162e34155","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649212],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lafarge CEO Olsen out amid pressure from anchor shareholders including Nassef Sawiris - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/lafarge-ceo-olsen-out-amid-pressure-from-anchor-shareholders-including-nassef-sawiris\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lafarge CEO Olsen out amid pressure from anchor shareholders including Nassef Sawiris\" \/>\n<meta property=\"og:description\" content=\"MOVES- Lafarge CEO Eric Olsen will step down in July, reportedly under pressure from three big shareholders with strong opinions about how he should do his job, the Financial Times says. 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In addition to the famed sports\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/217.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572234,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/nassef-sawiris-made-oci-nv-chairman-in-board-reshuffle\/","url_meta":{"origin":649224,"position":2},"title":"Nassef Sawiris made OCI NV chairman in board reshuffle","author":"enterpriseam admin","date":"16 June 2020","format":false,"excerpt":"MOVES- Current COO Ahmed El Hoshy will become CEO of Netherlands-based nitrogen and methanol giant OCI NV while Hassan Badrawi will take responsibility for the company\u2019s M&A activities in addition to his role as CFO. The moves come as founder Nassef Sawiris becomes executive chairman of the board, letting go\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635737,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/former-lafargeholcim-ceo-charged-with-financing-terrorist-group\/","url_meta":{"origin":649224,"position":3},"title":"Former LafargeHolcim CEO charged with financing terrorist group","author":"enterpriseam admin","date":"12 December 2017","format":false,"excerpt":"Former LafargeHolcim CEO Eric Olsen was charged with funding terrorist groups as part of a French probe into the cement maker\u2019s operations in war-torn Syria, Bloomberg reports. 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