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Our commitment to deliver value to our stockholders rests on a clear recognition that, as a public company, we are stewards of other people’s money. They invest with us to achieve superior long-term returns at acceptable risk. We have never—and will never—lose sight of that fact.
We are committed to abide by the laws and regulations of every jurisdiction in which we operate. Our shares are listed on the Mexican Stock Exchange and on the New York Stock Exchange ("NYSE"), and as such, we adhere to all applicable Mexican regulations and NYSE and U.S. Securities and Exchange Commission requirements for foreign issuers, including the Sarbanes-Oxley Act of 2002.
Nonetheless, we recognize that our strict adherence to the law is not enough to run a growing, global organization. Beyond compliance, our commitment—to ourselves, our investors, and to all of our stakeholders—is to manage CEMEX with integrity. Everything we do rests on this foundation.
Our financial culture and management style are open and transparent. Through our regular meetings, reports, guidance, conference calls, and personal interactions, we vigorously work to keep our investors fully and fairly informed of our activities and to ensure our financial disclosure meets the highest ethical standards.
While our board of directors is ultimately responsible for supervising the overall operation of our company, all of our employees play a critical role in enforcing good governance and financial reporting practices. We, therefore, encourage them to comment on our reporting methods and processes and to voice any concerns.
We know that to succeed we must not just do the right things, but do them the right way. Hence, our code of ethics works to ensure that all of our employees abide by the same high standards of conduct in their daily interactions. The code governs our relationships with all of our stakeholders, including such important areas as workplace safety, environmental responsibility, confidentiality, conflicts of interest, financial controls, and preservation of assets.
Finally, we firmly believe that, as managers of a public company, our economic interests should always be aligned with those of our shareholders. Thus, we have adopted stock-based compensation plans that ensure that our managers acquire and retain over time an ownership interest in our company.
We have established governance and management practices that are consistent with our relentless commitment to creating long-term stockholder value. These practices are part of the reason that we have grown from a regional Mexico-based company to a global industry player. They are part of the reason that we are regularly one of the most profitable of our global industry peers. And they are a part of the reason that we are well-positioned for an even more productive future.
Sincerely,
Lorenzo H. Zambrano
Chairman of the Board and Chief Executive Officer
Thursday, May 03, 2012
CEMEX achieves significant progress in sustainability priorities
Monday, April 30, 2012
CEMEX files annual report on Form 20-F for fiscal year 2011
Thursday, April 26, 2012
CEMEX reports first-quarter 2012 results
Thursday, March 29, 2012
Thursday, April 26, 2012
CEMEX ready-mix concrete satisfies demanding requirements of water distillation facility in...
Wednesday, April 04, 2012
CEMEX provides over 200,000 cubic yards of concrete in Arizona for one of the world’s leading...
Thursday, March 15, 2012
CEMEX supplies specialty ready-mix concrete to complete new 1,757-meter long road tunnel in...
Tuesday, March 13, 2012
World-renown architects join over 400 students at CEMEX’s V International White Architecture...
Wednesday, November 10, 2010
Construrama, Latin America's largest building materials chain, launches in Costa Rica
Monday, November 01, 2010
CEMEX recognized for outstanding achievement in collaboration
Friday, April 27, 2012
CEMEX wins National Award for Cleanest Production in the Dominican Republic
Wednesday, April 18, 2012
CEMEX wins CemFuels “AF-Using Company of the Year” Award
Tuesday, March 27, 2012
CEMEX inaugurates river port with US$1.8 million state-of-the-art unloading system in Bangladesh
Tuesday, March 20, 2012
US$18.6 M waste heat-to-energy power plant to be built in CEMEX plant in the Philippines
Wednesday, May 16, 2012
CEMEX recognized as a Leader in Corporate Social Responsibility and a Top Employer in Poland
Wednesday, March 21, 2012
Inter-American Development Bank recognizes CEMEX with the Juscelino Kubitschek Award of Merit...
Wednesday, March 14, 2012
Mexican Center for Philanthropy recognizes CEMEX for the ninth consecutive year as a Socially...
Thursday, March 01, 2012
CEMEX and Noble Group sign agreement to strengthen biodiversity efforts at El Carmen nature...
Wednesday, April 25, 2012
Top Czech Architecture Students Experience CEMEX’s Global Research Center in Switzerland
Monday, April 25, 2011
CEMEX in the Dominican Republic is recognized by the United Nations
Thursday, May 13, 2010