Profitability

Profitability

CEMEX Announces Organisation Changes

CEMEX has announced the following changes in its global management structure, which will take effect on 1st September 2019

Jaime Muguiro Dominguez, current President of CEMEX for Central, South America and the Caribbean, and CEO and General Director of CEMEX Latam Holdings, SA (“CLH), was appointed President of CEMEX United States.

Jesus V. Gonzalez Herrera, current Executive Vice President of Sustainability and Operations Development, was appointed President of CEMEX for Central, South America and the Caribbean. Additionally, Mr. González was appointed General Director of CLH by the CLH Board of Directors on 6th August 2019.

Juan Romero Torres, current Executive Vice President of Global Commercial Development, was appointed Executive Vice President of Sustainability and Commercial Development and Operations. This new position combines the current responsibilities of Mr. Romero with the responsibilities of the Executive Vice Presidency of Sustainability and Operations Development, which includes the areas of Health and Safety, Operations and Technology, Energy, Supply, Sustainability, and Research and Development.

“The CEMEX management team has a track record of operating globally businesses in our value chain in emerging and developed economies. By exchanging managers from one function to another, CEMEX can strengthen the diversity of its experience and knowledge of CEMEX operations, which allows the company to manage its business more effectively,” said Fernando Gonzalez Olivieri, General Director of CEMEX. “I also want to thank Ignacio Madridejos, current President of CEMEX United States, for his 23 years of service and wish him success in his new professional project.”