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LafargeHolcim CEO to depart in wake of Syria controversy

Michele Limina | Bloomberg via Getty Images

LafargeHolcim Chief Executive Eric Olsen will leave the company in July, the world's largest cement maker said on Monday, in the wake of a report into allegations the company paid armed groups in Syria to keep a plant open.

"While I was absolutely not involved in, nor even aware of, any wrongdoing I believe my departure will contribute to bringing back serenity to a company that has been exposed for months on this case," said Olsen in a statement.