Cemex Replaces CFO and Reorganizes

Cemex will appoint Fernando Gonzalez, executive VP of finance and administration to replace Rodrigo Trevino as CFO. It will also reorganized its operations into 6 regions, which will be headed up by executives that have all previously held senior level positions within Cemex. Juan Romero will become president of Cemex Mexico and will also oversee global technology, Karl Watson will become president of Cemex USA, Jaime Elizondo will take the role of president of Cemex South America and the Caribbean, and will also oversee global procurement, Ignacio Madridejos will be president of Cemex Northern Europe, and will also oversee global energy and sustainability, Jaime Muguiro will be president of Cemex Mediterranean and Joaquin Estrada will become president of Cemex Asia and will also oversee global trading. Juan Pablo San Agustin will be executive VP for strategic planning and business development and Luis Hernandez will be executive VP for organization and human resources. The executives will all report to CEO Lorenzo Zembrano and they will make up the executive committee.