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HeidelbergCement CFO Naeger to retire after 17 years By Reuters 

© Reuters. FILE PHOTO: A emblem of HeidelbergCement is pictured at their headquarters in Heidelberg, Germany, June 21, 2016. Image taken June 21, 2016. REUTERS/Ralph Orlowski/File Photograph

FRANKFURT (Reuters) – HeidelbergCement (DE:), the world’s second-largest cement maker, stated on Thursday finance chief Lorenz Naeger would retire after 17 years and get replaced by Rene Aldach, efficient from September.

“Throughout his time period of workplace, HeidelbergCement’s income and revenue virtually tripled and free money move almost quadrupled,” Supervisory Board Chairman Fritz-Juergen Heckmann stated.

The corporate additionally stated two new administration board positions could be created efficient September to replicate the rising relevance of sustainability and digitalisation.

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