HeidelbergCement India Ltd has informed Bombay Stock Exchange that Jamshed Naval Cooper, director (Sales & Marketing) of HeidelbergCement India Limited (HCIL) has taken over the position as chief operating officer of the company, reporting to Ashish Guha with effect from 4 June 2014.
Cementrum I B.V. of Netherlands, the holding company of HCIL, has proposed the appointment of Mr Cooper as managing director of the company with effect from 1 July 2014, subject to the approval of Nomination & Remuneration Committee and the Board of Directors of HCIL.
Mr Cooper will succeed Mr. Ashish Guha, who resigned from the position of CEO & Managing Director but at the request of the Board of Directors of HCIL had acceded to continue in office till the appointment of a successor.
US & Puerto Rico Portland and blended cement market contracts 8% in September
Total shipments of Portland and blended cement in the USA and Puerto Rico fell 7.8 per cent YoY ...