CEMEX Announces Organizational Changes
December 01 2015 - 09:00PM
Business Wire
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX), announced today
changes to its senior level organization, effective January 1,
2016. All of the executives named below are current executive
committee members that have had significant international operating
management experience:
- Juan Romero Torres has been ratified as
President of CEMEX Mexico.
- Ignacio Madridejos Fernández has been
appointed President of CEMEX USA.
- Jaime Gerardo Elizondo Chapa has been
appointed President of CEMEX Europe. This new region will now
integrate all our operations in Europe including Spain and
Croatia.
- Jaime Muguiro Domínguez has been
appointed President of CEMEX South, Central America and the
Caribbean.
- Joaquín Miguel Estrada Suárez has been
appointed President of CEMEX Asia, Middle East and Africa. The
existing Asia region will now include CEMEX´s Middle East and
Africa operations.
Karl H. Watson Jr., current President of CEMEX USA, will leave
the company effective January 1st and will be retained by CEMEX in
an advisory capacity until June 30, 2016.
All other Executive Vice Presidents that head corporate staff
functions which report to CEMEX’s CEO will remain unchanged.
CEMEX’s senior management has a track record of operating
diverse businesses throughout our value chain in emerging and
developed economies globally. By rotating managers from one region
to another, CEMEX can increase their diversity of experience and
knowledge of CEMEX’s operations, which allows CEMEX to operate its
business more effectively and obtain the best use of its
assets.
“I have the greatest confidence in our management team and our
entire workforce. Our greatest asset is the talent and dedication
of everyone at CEMEX, and I am very excited about the outlook for
our business.” said, Fernando A. Gonzalez, Chief Executive Officer
of CEMEX.
CEMEX is a global building materials company that provides
high-quality products and reliable services to customers and
communities in more than 50 countries. CEMEX has a rich history of
improving the well-being of those it serves through innovative
building solutions, efficiency advancements, and efforts to promote
a sustainable future.
For more information on CEMEX and its senior management team,
please visit: www.cemex.com
CEMEX assumes no obligation to update or correct the information
contained in this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20151201006932/en/
CEMEX, S.A.B. de C.V.Media RelationsJorge Pérez,
+52(81) 8888-4334mr@cemex.comorInvestor RelationsEduardo
Rendón, +52(81) 8888-4256ir@cemex.comorAnalyst
RelationsLucy Rodriguez, +1(212)
317-6007ir@cemex.com
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