CEMEX, S.A.B. de C.V. announced changes to its senior level organization, effective January 1, 2016. All of the executives named below are current executive committee members that have had significant international operating management experience: Juan Romero Torres has been ratified as President of CEMEX Mexico. Ignacio Madridejos Fernández has been appointed President of CEMEX USA.

Jaime Gerardo Elizondo Chapa has been appointed President of CEMEXEurope. This new region will now integrate operations in Europe including Spain and Croatia. Jaime Muguiro Domínguez has been appointed President of CEMEX South, Central America and the Caribbean.

Joaquín Miguel Estrada Suárez has been appointed President of CEMEXAsia, Middle East and Africa. The existing Asia region will now include CEMEX´s Middle East and Africa operations. Karl H. Watson Jr., current President of CEMEX USA, will leave the company effective January 1, 2016 and will be retained by CEMEX in an advisory capacity until June 30, 2016.

All other Executive Vice Presidents that head corporate staff functions which report to CEMEX's CEO will remain unchanged.