Cementos Argos announced last week, on April 1, 2026, a major structural transformation aimed at accelerating the execution of its 2030 strategy.
The Board of Directors confirmed its decision to advance the company’s long‑term ambition of unlocking greater growth potential, increasing operational flexibility, and maximizing value creation across the United States and Latin America.
This announcement followed a series of strategic milestones already completed in recent years, including the spin‑off of Argos USA, its preparation for a NYSE listing, the business combination with Summit Materials, and the final monetization of its U.S. investment through the 2025 sale of Summit to Quikrete.
As part of this next phase, Cementos Argos initiated the separation of its operations into two independent companies:
- Argos Materials in the United States
- Argos Latam for operations across Colombia, Central America, the Caribbean, and Trading
Both entities will operate autonomously to pursue regional growth opportunities and strengthen value creation. The transition is expected to take approximately 24 months and will be supported by a Corporate Support Center led by a newly appointed Executive Vice President.
Leadership Appointments (effective April 1, 2026)
CEO of Argos Materials – Jason Teter
Jason Teter, appointed earlier on January 13, assumed leadership of Argos Materials. His extensive background in the U.S. construction materials sector includes senior roles at Vulcan Materials and Lafarge USA, where he oversaw major transactions and operations in the southeastern aggregates market.
CEO of Argos Latam – Carlos Horacio Yusty
Carlos Horacio Yusty was appointed CEO of Argos Latam, taking responsibility for integrating and leading operations across fifteen geographies. With more than 20 years at Cementos Argos, including roles as CFO and Corporate Finance Manager, he has been instrumental in transforming the Colombia Region into one of the most efficient and profitable in the industry.
Executive Vice President of Cementos Argos – Tomás Restrepo
Tomás Restrepo was named Executive Vice President, tasked with leading the Corporate Support Center and overseeing the transition toward the two‑company model. Over his 19‑year career at Argos, he has held multiple strategic leadership roles and driven major transformation initiatives.
Chief Financial Officer – Natalia Ochoa
Natalia Ochoa assumed the role of CFO following Felipe Aristizábal’s transition to Grupo Argos. Since 2022, she has led Corporate Finance at Cementos Argos, playing a central role in the Argos USA–Summit Materials combination, the subsequent sale to Quikrete, and the structuring of the U.S. aggregates business.
Board Oversight
During the transition, Juan Esteban Calle, Chairman of the Board, will maintain strategic oversight to ensure alignment with the company’s long‑term vision. Operational leadership remains with the CEOs of Argos Materials and Argos Latam, who will report to the Board alongside the Executive Vice President.
Cementos Argos emphasized that this organizational evolution reinforces confidence in its business strategy and talent, while strengthening its commitment to delivering sustainable value to shareholders and stakeholders. The company confirmed that its previously communicated strategic and financial targets remain unchanged.
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