Mexico Cemex board to meet this week but may not pick new leader

miércoles 14 de mayo de 2014 19:29 GYT
 

MONTERREY May 14 (Reuters) - The board of Mexico's Cemex , one of the world's leading cement makers, will meet this week to discuss management succession and direction after the death of CEO Lorenzo Zambrano, a top company official said on Wednesday.

However the board will not necessarily decide at the meeting who will lead the company, Chief Financial Officer Fernando Gonzalez told reporters.

The company has remained mute on who would take the helm. Industry insiders and company watchers widely expect Cemex to choose a new leader or leaders from inside the company to ensure continuity of its management policies. (Reporting by Gabriela Lopez)