MEXICO CITY May 16 Shares in Mexican cement
maker Cemex rose more than 1 percent on Friday, the
day after the company appointed a new chief executive officer
and chairman following the unexpected death of former CEO
Cemex said on Thursday it had promoted Chief Financial
Officer Fernando Gonzalez to CEO and Rogelio Zambrano Lozano, a
board member since 1987 and a cousin of the late CEO, to
chairman of the board.
Analysts applauded the moves as a way of ensuring continuity
after Zambrano's death in Madrid on Monday.
(Reporting by Gabriel Stargardter)