UPDATE 3-HeidelbergCement sees easier 2019, CEO to step down
Q4 sales, operating results beat forecasts * CEO to step down in Feb 2020, deputy to succeed * CEO upbeat about cement demand in 2019 * Shares rise almost 5 pct to 4-month high (Adds details on proposed management changes) By Caroline Copley and Ilona Wissenbach BERLIN, Feb 19 (Reuters) – HeidelbergCement’s long-standing CEO will step down next year before potentially moving to head the supervisory board in 2022, the German company said on Tuesday, as it forecast a rise in demand and margins this year following a tough 2018.
Name: Bernd Scheifele
Continent: Europe
Country: Germany
Company: HeidelbergCement AG
Position: CEO
Reason: Resigned
Announcement Date: February 18, 2019, 11:00pm
Resignation Date: February 18, 2019, 11:00pm