The release of the financial statements was delayed ‘to allow for the completion of the review by the company’s auditors’
Cement maker PPC, which delayed its annual results presentation 20 minutes before it was meant to take place on Wednesday, says it has appointed Dutch-national Roland van Wijnen as its next CEO “following a global search”.
Van Wijnen has spent 17 years at LafargeHolcim, where he was CEO of the listed Philippines business, which is similar in size to PPC, the company said. He was previously CEO of certain of Holcim’s Eastern European businesses between 2005 and 2010, and acted as CEO of Holcim’s global trading business before the Lafarge-Holcim merger.
PPC also said the board would work with van Wijnen “to fast-track and implement the company’s succession policy and strategy” during his tenure.
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