Former Italcementi chairman Giampiero Pesenti dies

Italy: Giampiero Pesenti, the former chairman of Italcementi, has died at the age of 88. The grandson of one the brothers who created the company in 1906, he took a degree in mechanical engineering from the Polytechnic University of Milan and then started working for Italcementi in 1958. He became chief operating officer and chief executive officer (CEO) before becoming its chairman, according to Reuters. He was known informally at Italcementi as ‘Engineer Giampiero.’ Notably, the Italian cement producer purchased Ciments Francais in 1992, under his leadership, greatly increasing its size. Italcementi was purchased by Germany’s HeidelbergCement in 2016.