Cement News tagged under: Bernard Fontana

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Holcim CEO sees cost-cutting starting to work

02 October 2013, Published under Cement News

Frenchman Bernard Fontana, CEO of Holcim, who last year became the first outsider to lead the 101-year-old Swiss company, has been implementing a strict cost-cutting regime right through the company that extends even to himself. Shortly after taking the helm of Holcim, the 52-year-old Fontana launched a cost-cutting programme with the aim of restoring Holcim's return on invested capital (ROIC) to at least eight per cent after tax and boosting operating profit by at least CHF1.5bn (US$1.7bn...