Eric Olsen was born in Easton, Pennsylvania, and moved to Chicago, Illinois, at a young age.
"[1] The findings of an independent internal investigation by the Finance and Audit Committee of the LafargeHolcim Board into 2016 allegations relating to legacy Lafarge operations at its plant in Syria, released on 2 March 2017, found that company funds were given to third parties who then made arrangements with a number of groups, including "sanctioned parties", in order to "maintain operations and ensure safe passage of employees and supplies to and from the plant" during 2013 until the plant closed in September 2014.
[7] On conclusion of the investigation the board said in a statement on 24 April 2017 regarding Eric Olsen: "Following an in-depth review, the Board has concluded that Eric Olsen was not responsible for, nor thought to be aware of, any wrongdoings that have been identified as part of its review.
"[8] However, Olsen announced his resignation on April 24, 2017, saying in a statement that "it will contribute to addressing strong tensions that have recently arisen around the Syria case"[9] although "absolutely not involved in, nor even aware of, any wrongdoing".
[10] Olsen welcomed the decision, saying that it restored his honour and allowed him to resume his career.
On April 22, 2024, Olsen posted on his LinkedIn profile he would be stepping down due to a "strategic difference" and that Thierry Vanlancker would assume the role of interim Executive Chairman.