Cemex Appoints New CEO, Chairman

With the sudden passing of Lorenzo Zambrano earlier this week, Cemex, S.A.B. de C.V.’s Board of Directors, by unanimous decision, has appointed Fernando A. Gonzalez as chief executive officer and Rogelio Zambrano as chairman of the board of directors, effective immediately.

Since joining Cemex in 1989, Gonzalez has held several senior management positions in human capital, strategic planning and business development, most recently serving as CFO. He has led the company’s business in Latin America, Europe, Africa, Middle East and Asia.

“It is a great honor and responsibility to take the lead of Cemex. I firmly believe we have the best people in the industry, who can insure our continuing success,” stated Gonzalez. We have a solid business strategy, and most importantly, we provide the best building solutions and value-added products. Furthermore, we are encouraged by the positive outlook and the improving business environment in the markets where we operate.”

Rogelio Zambrano has been a member of Cemex’s Board of Directors since 1987 and president of the Finance Committee since 2009. He is also a member of the Advisory Board of Grupo Financiero Banamex Zona Norte, and a member of the Board of Directors for Carza and Tecnologico de Monterrey, among others.

“We will stay focused on creating value for all our stakeholders. Our new CEO and the whole of Cemex’s executive committee have the vision, skills, and experience to do exactly that, and I am very optimistic about Cemex’s future,” said Zambrano. “Lorenzo Zambrano’s legacy will endure and his vision and passion for excellence will continue to inspire us in the years to come.”

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