Cemex announces organizational changes

The following changes to the Cemex senior level organization were effective 01.09.2019:

Jaime Muguiro Dominguez, current President of Cemex South, Central America and the Caribbean, and Managing Director and CEO of Cemex Latam Holdings, S.A. (“CLH”), was appointed President of Cemex USA

Jesus V. Gonzalez Herrera, current Cemex Executive Vice President of Sustainability and Operations Development, was appointed President of Cemex South, Central America and the Caribbean. In addition, on 06.08.2019, Mr. Gonzalez was appointed CEO of CLH by the Board of Directors of CLH

Juan Romero Torres, current Executive Vice President of Global Commercial Development, was appointed Executive Vice President of Sustainability, Commercial and Operations Development. This new role combines Mr. Romero’s current responsibilities with those of the Executive Vice Presidency of Sustainability and Operations Development, which include the Health & Safety, Operations and Technology, Energy, Procurement, Sustainability, and Research & Development areas

“Cemex’s management team has a track record of operating businesses in our value chain in emerging and developed economies. By rotating managers from one position to another, Cemex can strengthen the diversity of its experience and knowledge, allowing the company to manage its business more effectively”, said Fernando A. González, CEO of Cemex. “I would also like to thank our current President of Cemex USA, Ignacio Madridejos for his 23 years of service and wish him success in his new endeavor.”

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