CEMEX, S.A.B. de C.V. (NYSE:CX) Q1 2025 Results Conference Call April 28, 2025 11:00 AM ET
Company Participants
Lucy Rodriguez – Chief Communications Officer
Jaime Muguiro – Chief Executive Officer
Maher Al-Haffar – Chief Financial Officer
Conference Call Participants
Adrian Huerta – JPMorgan
Francisco Suarez – Scotiabank
Gordon Lee – BTG Pactual
Anne Milne – Bank of America
Yassine Touahri – On field
Alejandra Obregon – Morgan Stanley
Ben Theurer – Barclays
Carlos Peyrelongue – Bank of America
Jorel Guilloty – Goldman Sachs
Operator
Good morning. Welcome to the CEMEX First Quarter 2025 Conference Call and Webcast. My name is Bailey, and I’ll be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]
And now, I will turn the conference over to Lucy Rodriguez, Chief Communications Officer. Please proceed.
Lucy Rodriguez
Good morning and thank you for joining us for our first quarter 2025 conference call and webcast. We hope this call finds you well. We have several changes to talk about on this quarterly call, beginning, of course, with the appointment of our new CEO. In February, our Board of Directors appointed Jaime Muguiro as Chief Executive Officer, effect April 1.
This appointment is part of a planned leadership transition following our former CEO Fernando Gonzalez’s decision to retire after a successful career at CEMEX. Jaime has almost three decades of experience at CEMEX, where he has held senior executive positions in different regions. Most recently, he served as President of CEMEX in the United States.
Additionally, we have new regional presidents who are bringing extensive experience and new eyes to our operations. We have also made some changes to our quarterly documents, moving our free cash flow disclosure closer to a cash basis as well as providing