Cemex directors have appointed Jaime Muguiro, current president of Cemex USA, to replace retiring CEO Fernando González, a 35-year veteran of the global cement, aggregate and concrete producer, effective April 1.
“In over a decade as CEO, Fernando has led Cemex to great success, and he will leave us with a company that is an industry leader in sustainability, innovation, and digitalization to better serve our customers,” said Cemex Chairman Rogelio Zambrano. “Cemex has also regained its investment-grade ratings and is poised for continued growth. I am confident that Jaime is the right person to lead Cemex, and that his experience, vision, and expertise will serve the company well as we work to provide even more value for all our stakeholders.”
Muguiro joined Cemex in 1996 and has held Strategic Planning, Business Development, Ready-Mix Concrete, Aggregates and Human Resources executive positions, leading to a 2019 appointment as president of Houston-based Cemex USA. His successor is Cemex South, Central America and the Caribbean President Jesús González.
“I am looking forward to this challenge and to collaborating with our customers, employees, and stakeholders to continue building a better future and ushering in a new era of sustainable construction,” Muguiro said.
