CEMEX announce organizational changes
Company says senior management reshuffle increases diversity of experience and operational knowledge
CEMEX have announced a number of changes to their senior level organization which will take effect on 1 January 2016. All of the executives named below are current executive committee members who have had significant international operating management experience:
- Juan Romero Torres has been ratified as president of CEMEX Mexico
- Ignacio Madridejos Fernández has been appointed as president of CEMEX USA
- Jaime Gerardo Elizondo Chapa has been appointed as president of CEMEX Europe. This new region will now integrate all CEMEX operations in Europe, including Spain and Croatia
- Jaime Muguiro Domínguez has been appointed as president of CEMEX South, Central America and the Caribbean
- Joaquín Miguel Estrada Suárez has been appointed as 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 at the end of December but will be retained by CEMEX in an advisory capacity until 30 June 2016.
All other executive vice-presidents that head corporate staff functions which report to CEMEX’s chief executive officer, Fernando A. Gonzalez will remain unchanged.
According to the company, rotating senior managers from one region to another increases their diversity of experience and knowledge of CEMEX’s operations, allowing the company to operate its business more effectively and obtain the best use of its assets.
Commenting on the changes, Mr Gonzalez (pictured) said: ‘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.’
