LafargeHolcim CEO to depart in wake of Syria controversy

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Chief Executive Eric Olsen of LafargeHolcim, the world's largest cement maker addresses a news conference to present the company's 2016 results in Zurich March 2, 2017. REUTERS/Arnd Wiegmann (Copyright Reuters 2017)

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.

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"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.

(Reporting by John Revill; editing by Brenna Hughes Neghaiwi)