the board of directors of CLH, taking into consideration a favourable report from its Nominating and Compensation Committee, resolved to split the roles of Chairman of the Board of Directors of CLH; Chief Executive Officer of CLH, and Director of Cemex Colombia. Additionally, a new Chairman of the Board of Directors of CLH; Director of Cemex Colombia, and Director of Planning of CLH were appointed.
As a result, effective immediately, the following organisational changes are taking place:
• Juan Pablo San Agustin has been appointed Chairman of the Board of Directors of CLH. He will also remain as Executive Vice President of Strategic Planning and New Business Development of Cemex. He is a member of Cemex’s Executive Committee.
• Jaime Muguiro Domínguez has been confirmed as Chief Executive Officer of CLH. He will also remain as President of Cemex South, Central America and the Caribbean and is also a member of Cemex’s Executive Committee.
• Ricardo Naya Barba has been appointed Director of Cemex Colombia.
• Francisco Aguilera Mendoza has been appointed Director of Planning of CLH, and will be appointed Director of Planning of Cemex Colombia in the upcoming days.
“I have the highest confidence in our new senior management members of CLH, Ricardo Naya and Francisco Aguilera. Both of them have the proven experience, talent and dedication to perform their respective roles. Ricardo is the right person to lead our operations in Colombia,” says Jaime Muguiro, CEO of CLH.
“I am very optimistic about the outlook for our business.”