CEMATRIX Corporation's New Leadership: Randy Boomhour Takes Charge

Randy Boomhour Leads CEMATRIX Corporation into New Era

CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) is pleased to announce significant leadership changes in response to its ongoing growth and strategic vision. As of November 29, Randy Boomhour has assumed the role of President and Chief Executive Officer, marking a pivotal moment in the company’s evolution.

A Proven Leader in the Industry

Mr. Boomhour’s journey at CEMATRIX began in 2020 when he joined as Chief Financial Officer. His remarkable ascent through the ranks speaks to his capabilities and commitment. In 2023, he took on the role of General Manager for CEMATRIX Canada, followed by his promotion to Chief Operating Officer just a year later. His diverse experience over the past two decades sets a strong foundation for his new leadership role.

Support from the Board of Directors

The Board of Directors has expressed full confidence in Randy Boomhour's ability to lead the company forward. Chairman Minaz Lalani noted, “Randy has been intimately involved in the operations and success of CEMATRIX over the last four years.” This personal insight into the company’s operations will undoubtedly benefit CEMATRIX as it strives for continued growth.

Commitment to Excellence

In an official statement, Boomhour expressed his gratitude and enthusiasm for his new position. “I am deeply honored to lead CEMATRIX as its next President and CEO,” he stated. “Our team’s achievements inspire me, and I look forward to the opportunities that lie ahead. I also want to extend my sincere thanks to Jeff Kendrick for his mentorship.” His dedication to carrying on Kendrick’s legacy exemplifies his strong commitment to the company’s core values.

Innovative Solutions for Modern Challenges

Under Boomhour’s leadership, CEMATRIX aims to expand its innovative cellular concrete products throughout North America. The company is recognized as a leader in developing technologically advanced products that address challenges in various sectors, including infrastructure, industrial, energy, and commercial markets. CEMATRIX’s proprietary formulations offer exceptional thermal protection, which paves the way for cost-effective solutions in construction and beyond.

A Look at CEMATRIX

CEMATRIX is not just a company; it’s a thriving entity that brings forward-thinking products to the forefront of the construction industry. With wholly owned subsidiaries like CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company, it firmly establishes its leadership position in the North American cellular concrete market.

Company Goals and Future Directions

As CEMATRIX moves forward, the focus will be on blending innovation with practical application. The goal is to consistently seek new methods and products that meet the evolving needs of customers while maintaining the high standards that CEMATRIX is known for. This approach will ensure the company's sustained growth and success in the competitive market.

Frequently Asked Questions

What led to the appointment of Randy Boomhour?

Randy Boomhour was appointed due to his extensive experience and proven leadership within CEMATRIX, making him a suitable choice to lead the company.

What are CEMATRIX’s primary products?

CEMATRIX specializes in manufacturing advanced cellular concrete products designed to provide solutions for various industrial and commercial challenges.

How has CEMATRIX performed in recent years?

The company has demonstrated significant growth, expanding its market reach and innovating its product offerings to meet industry demands.

What does the future hold for CEMATRIX under Boomhour?

Under Randy Boomhour’s leadership, the company aims to enhance its innovative product line and expand its market presence across North America.

Who can I contact for more information about CEMATRIX?

For further inquiries, contact Jeff Walker at The Howard Group or Glen Akselrod, President of Bristol Capital, whose details are provided in the company’s communications.

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