RHI Magnesita CFO to leave at end of 2018

RHI Magnesita chief financial officer Octavio Pereira Lopes said he planned to leave the company by the end of 2018 and return to Brazil with his family to pursue other career opportunities, the company announced on Tuesday.

The company said it anticipated it would be “some months” before a successor was appointed.

In addition to Lopes's departure a number of internal adjustments to the finance organization have been implemented to ensure a smooth transition and best operational set-up long-term, the company said, without giving any further details.

RHI Magnesita is the result of the combination of RHI and Magnesita to form the global supplier of refractory products, systems and services.