Cemex
Cemex makes executive-level changes
Cemex, whose CEO and chairman of the board died earlier this month, made several changes to its senior-level organization. According to a press release, Cemex's corporate functions will now be organized into six executive vice presidencies, reporting to new CEO… Keep Reading
Cemex names new CEO, chairman
Cemex announced CFO Fernando Gonzalez is the company's new CEO and Rogelio Zambrano Lozano is now chairman of the board. They replace Lorenzo Zambrano, who died May 12 of heart failure. The company had no succession plan in place, according… Keep Reading
Cemex CEO dies, successor not yet named
Cemex Chairman and CEO Lorenzo H. Zambrano died suddenly May 12 at age 70 in Madrid, Spain. Cemex spokesman Francisco Lebrija says he died of heart failure, while in town for a company meeting, according to Bloomberg News. The company… Keep Reading
Cemex forming joint venture company with Concrete Supply
Cemex and Concrete Supply Co. entered into an agreement to form a joint venture company, which will be called Concrete Supply Co. LLC. The transaction is expected to close later this year. The joint venture, which will have a production… Keep Reading
A $100 billion company without a finance department
Accounting. Finance. Human resources. Information technology. All four of these areas are vital for multimillion-dollar companies to function, but Cemex, as Fast Company reports, outsourced those functions last year to IBM as part of a 10-year, $1 billion contract. "What… Keep Reading
Cemex sand mine proposal delayed
The vote on Cemex's proposed Four Points Sand Mine in Clermont, Fla., has been pushed back to May 21, reports the Orlando Business Journal. Cemex aims to convert 1,200 acres of farmland into a surface mine, but the project has… Keep Reading
Cemex at odds with proposed bill
Cemex says that a bill introduced April 18 to block a proposed sand-and-gravel mine in Santa Clarita, Calif., is not a viable resolution to a long-running dispute between the approved open-pit operation and local residents, reports the Santa Clarita Valley… Keep Reading
Cemex halts 10-year pursuit of California quarry
The Fresno Bee reports that Cemex signed off on a mining prohibition for Jesse Morrow Mountain outside of Fresno, Calif., ending the company's long push for a sand and gravel quarry in the area. According to the newspaper's report, Cemex… Keep Reading
Cemex wind turbine to produce 30 percent of quarry’s energy
Cemex is commissioning a 1-megawatt wind turbine at its quarry located in Madison, Calif. The turbine is one of three renewable energy projects Cemex plans to soon bring online in California. Cemex says the power generated from the wind turbine… Keep Reading