Mario Gross steps down as CEO of Lafarge Malaysia

Mario Gross of Lafarge Malaysia stepped down from his role as president and CEO of the company on Friday, after seven months in the position. Mr Gross has been assigned to a new role in the LafargeHolcim group but will also continue as a non-independent non-executive director from 16 November to 31 December this year to facilitate the transition.

"During his tenure here, Gross laid the groundwork for the business turnaround plan, putting in place an experienced leadership team and strengthened the fundamentals of the company and reorganised the company to more efficient," said the group in a statement.

Yeoh Khoon Cheng, previously CFO of Lafarge Malaysia, has been appointed as interim CEO effective from Friday.