CEMEX Announces New Management in CLH and CEMEX Colombia
October 05 2016 - 8:39PM
Business Wire
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE:CX) announced today that
its subsidiary CEMEX Latam Holdings, S.A. ("CLH") (BVC:CLH) has
made senior level position organizational changes at CLH and CEMEX
Colombia that will enhance the level of leadership, administration,
and corporate governance practices.
The Board of Directors of CLH, taking into consideration a
favorable report from its Nominating and Compensation Committee,
resolved to split the roles of Chairman of the Board of Directors
of CLH, Chief Executive Officer of CLH and Director of CEMEX
Colombia. Additionally, a new Chairman of the Board of Directors of
CLH, Director of CEMEX Colombia, and Director of Planning of CLH
were appointed.
As a result, effective immediately, the following organizational
changes are taking place:
- Juan Pablo San Agustin has been
appointed Chairman of the Board of Directors of CLH. He will also
remain as Executive Vice President of Strategic Planning and New
Business Development of CEMEX. He is a member of CEMEX’s Executive
Committee.
- Jaime Muguiro Domínguez has been
confirmed as Chief Executive Officer of CLH. He will also remain as
President of CEMEX South, Central America and the Caribbean and is
also a member of CEMEX’s Executive Committee.
- Ricardo Naya Barba has been appointed
Director of CEMEX Colombia.
- Francisco Aguilera Mendoza has been
appointed Director of Planning of CLH, and will be appointed
Director of Planning of CEMEX Colombia in the upcoming days.
All of the executives named above have significant international
operating management experience and on average have close to 20
years each of working experience in CEMEX.
“I have the highest confidence in our new senior management
members of CLH, Ricardo Naya and Francisco Aguilera. Both of them
have the proven experience, talent and dedication to perform their
respective roles. Ricardo is the right person to lead our
operations in Colombia,” said Jaime Muguiro, CEO of CLH. “I am very
optimistic about the outlook for our business.”
CEMEX is a global building materials company that provides high
quality products and reliable service to customers and communities
in more than 50 countries. Celebrating its 110th anniversary, 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, 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/20161005006551/en/
CEMEX, S.A.B. de C.V.Media Relations:Jorge Pérez,
+52(81) 8888-4334mr@cemex.comorInvestor Relations:Eduardo
Rendón, +52(81) 8888-4256ir@cemex.comorAnalyst
Relations:Lucy Rodriguez, +1 (212)
317-6007ir@cemex.com
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