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CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products, today announces that as part of the Company’s succession plan, Randy Boomhour has been named President and Chief Executive Officer for the Corporation effective November 29, 2024.
Mr. Boomhour joined CEMATRIX in 2020 as CFO, added the role of GM for CEMATRIX Canada in 2023, and was promoted to COO in 2024. Mr. Boomhour brings over 20 years of senior executive experience to his new role.
“The Board of Directors and I congratulate Randy. We are confident that Randy is the right person, at the right time to lead CEMATRIX through the next phase of our growth” stated Mr. Minaz Lalani, Chairman of the Board of Directors. “Randy has been intimately involved in the operations and success of CEMATRIX over the last four years. Randy has consistently demonstrated strong leadership and a commitment to CEMATRIX’s core values. The Board looks forward to working with Randy to continue our journey together to realize the shared vision and strategy that is in place for the Company.”
"I am deeply honoured to lead CEMATRIX as its next President and CEO," said Randy Boomhour. "I am proud of what our team has achieved together, and I am excited about the opportunities that lie ahead. I want to thank Jeff Kendrick for his leadership and mentorship. Myself, and the rest of the team at CEMATRIX are committed to building upon Jeff’s legacy of excellence and to continue the work required to achieve our shared vision of future success for the Company."
For more information about CEMATRIX please visit www.cematrix.com.
ABOUT CEMATRIX
CEMATRIX is a rapidly growing company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial, energy and commercial markets. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (“CCI”), Chicago based MixOnSite USA Inc. (“MOS”) and Bellingham based Pacific International Grout Company (“PIGCO’). This has made CEMATRIX a true leader in North America’s growing Cellular Concrete market. For more information, please visit our website at www.cematrix.com.