Cemex Latam CEO Resigns Due to Colombia Land Deal

Cemex Latam Holdings SA, a unit of Cemex, announced that Carlos Jacks, chief executive of Cemex Latam and director of Cemex Colombia, resigned to “facilitate investigations” after an internal probe found payments related to a cement plant being built in in Maceo, Colombia, didn’t adhere to company policy, reported Bloomberg. Cemex Latam Chairman Jaime Muguiro, who’s been with the company…

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