People: Martin Marietta Materials Inc (MLM)
18 Sep 2014
Mr. Stephen P. Zelnak, Jr., is Non-Executive Director of Martin Marietta Materials Inc. He is no longer Non-Executive Chairman of the Board of the Company effective May 22, 2014. Mr. Zelnak has 33 years of Company service, having joined Martin Marietta Corporation as Vice President, Planning and Business Development in 1981 at the Bethesda, Maryland-based headquarters. In 1982, he was appointed President of the newly constituted Aggregates Division located in Raleigh, North Carolina. In 1994, Mr. Zelnak led the initial public offering of Martin Marietta Materials stock, and in 1996, he led the successful offering of the remaining stock held by Lockheed Martin (successor to Martin Marietta Corporation) as Martin Marietta Materials became a fully independent New York Stock Exchange-listed Company. In 1997, Mr. Zelnak was named Chairman of the Board of Directors in addition to his role as Chief Executive Officer. Mr. Zelnak oversaw the completion of more than 70 acquisitions and led the Company to achieve annual revenues of more than $2 billion. Under his leadership, in 2006, the Company was selected by Fortune Magazine as the most admired company in its sector.
|Total Annual Compensation, USD||Long-Term Incentive Plans, USD||All Other, USD||Fiscal Year Total, USD|