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Cemex Announces CEO Transition with a Focus on Sustainable Growth

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Cemex Announces CEO Transition with a Focus on Sustainable Growth

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Cemex SAB ( (CX) ) has shared an announcement.

On February 10, 2025, Cemex announced the retirement of CEO Fernando A. González after over 35 years of service, effective April 1, 2025. González is succeeded by Jaime Muguiro, the current President of Cemex USA, who brings extensive experience from various executive roles within the company. This transition is poised to continue Cemex’s trajectory as a leader in sustainability, innovation, and digitalization, potentially impacting its market position and stakeholder relations positively.

More about Cemex SAB

Cemex is a global construction materials company that focuses on sustainable products and solutions, offering cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets worldwide. The company is committed to achieving carbon neutrality through innovation and research, and it actively participates in the circular economy by using waste and residues as alternative raw materials and fuels.

YTD Price Performance: 17.57%

Average Trading Volume: 9,788,604

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.13B

See more insights into CX stock on TipRanks’ Stock Analysis page.

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