SA's largest cement company, PPC, has named Matias Cardarelli as its next CEO, saying on Monday the head of Natal Portland Cement has extensive experience in turnarounds.
Cadarelli has been CEO and chairman of NPC for the past five years, a company which is part of Brazil's Intercement, and prior to moving to SA in 2019 he led the operational and financial turnaround of Amreyah Cement in Egypt and scaling-up of Yguazu Cementos in Paraguay, the group said in a statement.