Jaime Muguiro, a Cemex Executive Since 1996, Now Its Chief Executive
Jaime Muguiro became chief executive officer of Cemex on April 1, 2025, succeeding Fernando A. González, who retired. The Cemex board announced the appointment on February 10, 2025, almost three decades after Muguiro joined the company.
| Role | Chief Executive Officer |
|---|---|
| Company | Cemex |
| Headquarters | Monterrey, Mexico |
| Industry | Mining and Materials |
| In role since | 2025 |
| Education | Law degree, Universidad CEU San Pablo; MBA, MIT Sloan School of Management |
| Company website | cemex.com |
From Arthur Andersen Tax Adviser to Cemex Chief Executive
Before joining Cemex, Muguiro served as an infantry officer in the Spanish Army and worked as an international tax lawyer and tax adviser at Arthur Andersen. He studied law at Universidad CEU San Pablo in Spain and holds an MBA from the MIT Sloan School of Management.
- 1996: joined Cemex
- Executive positions in strategic planning, business development, ready-mix concrete, aggregates and human resources
- Head of operations in Egypt, then head of the former Mediterranean region
- Head of the South, Central America and Caribbean region, and CEO of the publicly listed Cemex Latam Holdings
- President of Cemex USA
- 2025: chief executive officer of Cemex
Cemex Building Materials Operations and Recent Results
Cemex produces and distributes cement, ready-mix concrete, aggregates, sand and admixtures, and it is weighing related segments such as mortars, stuccos and coatings. For the third quarter of 2026, Cemex recorded net sales of US$4,590 million, up 8% from a year earlier.
Cost Savings, Asset Sales and a US Focus Under Muguiro
In 2025 Cemex reached about US$200 million in recurring savings through its Project Cutting Edge program. The company sold its Panama operations to Grupo Estrella for US$200 million in October 2025 and in March 2026 agreed to sell part of its Colombian assets for US$555 million. Investment is being concentrated on core markets, in particular the United States, where Cemex is reviewing family-owned aggregates businesses as possible acquisitions.
Cemex Filings and Articles Behind This Profile of Jaime Muguiro
- Cemex Announces CEO Transition, Cemex press release (SEC filing)
- Our Management Team, Cemex
- Quién es Jaime Muguiro Domínguez, nuevo CEO de Cemex, SDP Noticias
- Cemex avanza más de 70% en la BMV a un año de la llegada de su CEO Jaime Muguiro, El CEO
- Cemex aumenta 55% su utilidad en el tercer trimestre de 2026, Players of Life
- Cemex announce its results for the fourth quarter and full year of 2025, World Cement
