Pros
Lhoist benefits from a stable market, the people are experienced and capable. The profitability of our products is being well protected even in the current environment with inflation. Being in a raw materials business with a company that has solid financials bodes well for future stability and growth.
Cons
Even with an aging workforce, the lack of upward mobility is a serious issue. Lhoist is not in a position to retain new talent in its current environment, especially with millenials and gen z. This is a dire problem as its a necessity for any company to be able to retain a vibrant workforce for future success. This company was known for employee retention and had a premium reputation as far as places to work in years past. This has changed with the CEO Ron Thompson, who fundamentally lacks creativity to lead Lhoist into a better future, and relies purely on cost cutting and micromanagement of his team to maneuver. We need a CEO not a shop-keeper. If Lhoist wants to avoid becoming another average so-and-so company to work for and go back to being a premium employer with a happy workforce it needs to look beyond the current CEO's vision.
