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Cemex CEO retires, company announces succession plan
11 February 2025
Fernando A. González announced he would retire from his role as Cemex CEO, with Jaime Muguiro, the company’s current president, named his successor.
Fernando A. González, left, is retiring as Cemex CEO, and Jamie Muguiro, right, will take over the role. (Image: Cemex)
Muguiro will take over the reigns of the Mexico-based global construction materials producer on 1 April 2025.
Cemex Chairman of the Board of Directors, Rogelio Zambrano, said, “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 digitalisation to better serve our customers.”
In total, González spent more than 35 years at the company.
Jaime Muguiro joined Cemex in 1996 and has held several executive positions in the strategic planning, business development, ready-mix concrete, aggregates and human resources areas. He has headed several regional operations for Cemex, including the Mediterranean, South, Central America and the Caribbean, and most recently serves as President of Cemex in the US. He also served as CEO of Cemex Latam Holdings, which was a publicly listed company.
Muguiro remarked, “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.”
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