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United States

Vulcan Materials Co (VMC.N)

VMC.N on New York Stock Exchange

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10 Dec 2018
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Summary

Name Age Since Current Position

J. Thomas Hill

59 2015 Chairman of the Board, President, Chief Executive Officer

Suzanne Wood

58 2018 Chief Financial Officer, Senior Vice President

David Clement

57 2015 President – Central Division

C. Brockway Lodge

45 2016 President - Western Division

John McPherson

49 2018 Executive Vice President, Chief Strategy Officer

Thompson Baker

59 2017 Senior Vice President

Randy Pigg

45 2018 Principal Accounting Officer, Controller

Michael Mills

58 2016 Chief Administrative Officer

Jason Teter

43 2017 Vice President - Finance

Jerry Perkins

48 2016 General Counsel, Secretary

Stanley Bass

56 2016 Chief Growth Officer

Thomas Fanning

61 2015 Independent Director

O.B. Hall

60 2014 Independent Director

Cynthia Hostetler

55 2014 Independent Director

Richard O'Brien

64 2008 Independent Director

James Prokopanko

64 2009 Independent Director

Kathleen Quirk

54 2017 Independent Director

David Steiner

58 2017 Independent Director

Lee Styslinger

57 2013 Independent Director

Kathleen Wilson-Thompson

60 2009 Independent Director

Biographies

Name Description

J. Thomas Hill

Mr. J. Thomas Hill is Chairman of the Board, President, Chief Executive Officer of the Company. He is Chairman of the Board of the company since January 2016 and President and Chief Executive Officer since July 2014. Mr. Hill is Chairman, President and Chief Executive Officer of the company. He has been with the company for 28 years, serving in a variety of operations and general management assignments of increasing responsibility. Prior to being named Chairman, President and Chief Executive Officer, he served as Executive Vice President and Chief Operating Officer from January 2014 until July 2014, and Senior Vice President—South Region from December 2011 to December 2013. He also served as President of the company’s former Florida Rock Division and its Southwest Division. Mr. Hill has served in leadership positions in a number of industry trade groups, including the Texas Concrete and Aggregates Association, the Florida Concrete and Products Association, and the National Stone, Sand and Gravel Association. In addition, he serves on the boards of the U.S. Chamber of Commerce, the United Way of Central Alabama, the Birmingham Business Alliance, and the Economic Development Partnership of Alabama. He is a graduate of the University of Pittsburgh and the Wharton School of Business, Executive Management Program. Mr. Hill has over 30 years’ experience in the aggregates industry, including extensive experience with the company in operations and management over a wide variety of geographic regions.

Suzanne Wood

Ms. Suzanne H. Wood is Chief Financial Officer, Senior Vice President of the Company, effective September 1, 2018. From 2012 to 2018, Ms. Wood was Group Finance Director and Chief Financial Officer of Ashtead Group plc, a FTSE 50 international equipment rental company serving the construction industry and other markets. Prior to becoming Chief Financial Officer of Ashtead, Ms. Wood was Executive Vice President and Chief Financial Officer of Sunbelt Rentals, Inc., the North American subsidiary of Ashtead Group plc. A certified public accountant, Ms. Wood also previously held Chief Financial Officer positions at Tultex Corporation and Oakwood Homes Corporation. She currently serves on the board of directors and audit committee of RELX Group, a FTSE 50 global professional information and analytics company. Ms. Wood is a graduate of Virginia Polytechnic Institute and State University.

David Clement

Mr. David P. Clement is President – Central Division of the Company. He was named President, Central Division effective January 1, 2015. He served as Senior Vice President – Central Region from September 2013 through December 2014. During the five years prior to such role, he served in a number of positions with Vulcan including Vice President and General Manager, Midwest Division and Vice President of Operations, Midwest Division.

C. Brockway Lodge

Mr. C. Brockway (Brock) Lodge, Jr., is President - Western Division of the Company. He was named President, Western Division in February 2016. He served as Vice President and General Manager, Western Division from April 2015 to February 2016. Before that, he was Senior Area General Manager – Central Division (June 2013 – March 2015) and Director of Sales and Marketing – Midsouth Division (April 2010 – May 2013).

John McPherson

Mr. John R. McPherson is no longer Executive Vice President, Chief Strategy Officer of the Company, effective December 31, 2018. He was elected Executive Vice President, Chief Financial and Strategy Officer in July 2014. Prior to that, he served as Executive Vice President and Chief Financial Officer (January 2014 – July 2014), Senior Vice President – East Region (November 2012 – December 2013) and Senior Vice President, Strategy and Business Development (October 2011 – November 2012). Before joining Vulcan in October 2011, Mr. McPherson was a senior partner at McKinsey & Company, a global management consulting firm, from 1995 to 2011.

Thompson Baker

Mr. Thompson S. Baker II, is Senior Vice President of the Company. He was elected Senior Vice President in March 2017. He served in a number of positions with Vulcan, including President – Florida Rock Division, prior to serving as Chief Executive Officer of FRP Holdings, Inc. from October 2010 to March 2017 and President and Chief Executive Officer of Patriot Transportation Holding, Inc. from December 2014 to March 2017.

Randy Pigg

Mr. Randy L. Pigg has been appointed as Principal Accounting Officer, Controller of the Company effective April 15, 2018. Mr. Pigg has served as the Company’s Vice President, Accounting since June 2016, and prior to that served as Director, Financial Shared Services since April 2014. Since joining the Company in August 2005, he has held roles of increasing financial responsibility with the Company, including Manager Financial Research & Reporting and Finance Director – Central Region.

Michael Mills

Mr. Michael R. Mills is Chief Administrative Officer of the Company. He was elected Chief Administrative Officer in February 2016. He served as Senior Vice President and General Counsel from November 2012 to February 2016; and as Senior Vice President – East Region from December 2011 to October 2012. Prior to that, he was President, Southeast Division.

Jason Teter

Mr. Jason P. Teter is Vice President - Finance of the Company. He began serving as Vice President, Finance on January 1, 2017. Prior to that, he served as President, Southern and Gulf Coast Division from January 2015 to December 2016 and as Vice President – Business Development from October 2013 to December 2014. Before joining Vulcan, he was the Vice President and General Manager, Georgia Aggregates for Lafarge North America.

Jerry Perkins

Mr. Jerry Perkins, Jr., is General Counsel, Secretary of the company. He was elected General Counsel and Secretary in February 2016. He served as Assistant General Counsel and Secretary since 2011.

Stanley Bass

Mr. Stanley G. Bass is Chief Growth Officer of the Company. He was elected Chief Growth Officer in February 2016. He served as Senior Vice President – Western and Mountain West Divisions from January 2015 to February 2016. He served as Senior Vice President – West Region from September 2013 to December 2014. Prior to that, he served as Senior Vice President – Central and West Regions (February 2013 – September 2013), Senior Vice President – Central Region (December 2011 – February 2013). Prior to that, he served in a number of positions with Vulcan including President, Midsouth and Southwest Divisions (September 2010 – December 2011).

Thomas Fanning

Mr. Thomas A. Fanning is an Independent Director of the Company. Chairman of the Board, President and Chief Executive Officer of Southern Company, Atlanta, Georgia (one of the largest energy companies in the U.S. and a leading U.S. producer of energy) since 2010. Mr. Fanning is Chairman, President and Chief Executive Officer of Southern Company. He has worked for Southern Company for more than 35 years and has held 15 different positions in eight different business units, including numerous officer positions with a variety of Southern Company subsidiaries in the areas of finance, strategy, international business development and technology. Mr. Fanning previously was Chief Financial Officer of Southern Company, where he was responsible for the accounting, finance, tax, investor relations, treasury and risk management functions. As Chairman of both the Electricity Subsector Coordinating Council (ESCC) and Strategic Infrastructure Coordinating Council (SICC), Mr. Fanning plays a leading role in national efforts to prevent and respond to cyber and physical terrorism for the U.S. electric system. He has an undergraduate and master’s degree from the Georgia Institute of Technology and has completed several executive education programs. As CEO of a large public utility, Mr. Fanning provides our Board with valuable business, leadership, and management skills. His prior service as CFO of Southern Company and Chairman of the Federal Reserve Bank of Atlanta makes him well qualified to serve on our Audit Committee. Additionally, he brings to our Board a deep understanding of key issues facing an industrial company, including governmental and regulatory issues, and safety, health and environmental matters.

O.B. Hall

Mr. O.B. Grayson Hall, Jr., is Independent Director of the Company. Chairman and Chief Executive Officer of Regions Financial Corporation, Birmingham, Alabama (one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services) and Regions Bank since 2013; Chairman, President and Chief Executive Officer (2013—2017), President and Chief Executive Officer (2010—2013) and Vice Chairman (2008—2010). Mr. Hall is Chairman and Chief Executive Officer of Regions Financial Corporation. Since joining Regions in 1980, he has served in roles of increasing responsibility, including operations, technology and commercial banking. Mr. Hall serves on the Board of Directors of Regions Financial Corporation. In addition, he is a Class A Director of the Federal Reserve Bank of Atlanta. He is active in many civic and leadership organizations, including the Economic Development Partnership of Alabama and the Birmingham Business Alliance. He graduated from the University of the South with a bachelor’s degree in economics. He also received a Master of Business Administration from the University of Alabama and is a graduate of the Stonier Graduate School of Banking, University of Pennsylvania. Mr. Hall brings extensive management and business experience to our Board as well as a deep understanding of complex issues facing public companies. As Chief Executive Officer of Regions, he provides our Board with valuable experience in banking, finance, capital markets and cybersecurity risk.

Cynthia Hostetler

Ms. Cynthia Lynn Hostetler is Independent Director of the Company. Director of TriLinc Global Impact Fund, LLC, Los Angeles, California (international investment fund) since 2013. Trustee of Invesco Ltd., Atlanta, Georgia (international mutual funds) since 2017. Trustee of Aberdeen International Funds, New York, New York (international mutual funds) from 2013 to 2017. Director of Artio Global Funds, New York, New York (international mutual funds) from 2010 until 2013. Director of Edgen Group Inc., Baton Rouge, Louisiana (energy infrastructure) from 2012 to 2014. Ms. Hostetler is the former head of Private Equity and Vice President of Investment Funds at the Overseas Private Investment Corporation, and a former president of a regional bank and bank holding company. Ms. Hostetler began her career as a corporate lawyer with Simpson Thatcher & Bartlett in New York. Ms. Hostetler earned her bachelor’s degree from Southern Methodist University and holds a Juris Doctorate from the University of Virginia School of Law. Ms. Hostetler brings to our Board significant financial, investment and audit committee experience, and has developed risk assessment skills through her bank, private equity and mutual fund leadership. She is an experienced public and investment company board member, having served on a number of public and private company boards, with committee chair positions that include audit, nominating and governance and investment management.

Richard O'Brien

Mr. Richard T. O'Brien is Independent Director of the Company. Independent consultant since October 2015. Former President and Chief Executive Officer of Boart Longyear Limited, Salt Lake City, Utah (an international provider of drilling services, drilling equipment and performance tooling for mining and drilling companies) from 2013 to 2015. Chief Executive Officer of Newmont Mining Corporation, Greenwood Village, Colorado (an international gold production company) from 2007 until February 2013. Mr. O’Brien became a director of Ma’aden (a Saudi Arabian mining company) in December 2017 and is a member of its executive committee. Mr. O’Brien previously served as a director of Newmont Mining Corporation (2007—2013) and Inergy L.P. (2006—2012). His work includes extensive experience with New York Stock Exchange (NYSE)-listed companies in finance and accounting, operations and strategic business planning. Mr. O’Brien earned his bachelor’s degree in economics from the University of Chicago and holds a Juris Doctorate from the Lewis and Clark Law School. Having served as CFO of four different public companies and as an “audit committee financial expert,” Mr. O’Brien provides the Board with considerable experience and acumen in financial reporting and accounting matters. As a result of his tenure as CEO and CFO of Newmont Mining, Mr. O’Brien brings to the Board significant experience and knowledge of the mining and mineral extraction industry. This gives him insight into the risks facing the company and provides him with the tools to effectively assist in overseeing those risks.

James Prokopanko

Mr. James T. Prokopanko is Independent Director of the Company. Retired; Senior Advisor of The Mosaic Company, Plymouth, Minnesota (a leading producer and marketer of concentrated phosphate and potash crop nutrients for the global agriculture industry) from August 2015 to January 2016; President and Chief Executive Officer from January 2007 until August 2015. Mr. Prokopanko served as Senior Advisor of The Mosaic Company from August 2015 to January 2016. He joined Mosaic in 2006 and served as President and Chief Executive Officer from January 2007 to August 2015, and as Executive Vice President and Chief Operating Officer from July 2006 to January 2007. Prior to that, he was with Cargill, Inc., where he served in a wide range of leadership positions, including as Corporate Vice President of Cargill Procurement, a leader of Cargill’s Ag Producer Services Platform, and Vice President of the North America crops inputs business. Mr. Prokopanko has a bachelor’s degree in computer science from the University of Manitoba and a Master of Business Administration from the University of Western Ontario. His experience serving as the principal interface between management and the board at a NYSE company facilitates his service as lead director of our company as well as our Board’s performance of its oversight function. His executive management experience provides our Board with valuable insight into business, leadership and management issues. Additionally, he brings to our Board considerable knowledge of issues facing a company engaged in mineral extraction.

Kathleen Quirk

Ms. Kathleen L. Quirk serves as Independent Director of the Company. Executive Vice President, Chief Financial Officer and Treasurer of Freeport-McMoRan Inc., Phoenix, Arizona (a leading international mining company and the world’s largest publicly traded copper producer) since 2007. Prior to being named its Executive Vice President in 2007, Chief Financial Officer in 2003 and Treasurer in 2000, Ms. Quirk served in a variety of capacities with Freeport-McMoRan, including as its Vice President, Finance and Business Development. She received her bachelor’s degree in accounting from Louisiana State University. Ms. Quirk’s strong finance and accounting background, including her status as an “audit committee financial expert,” makes her well qualified to serve as a member of our Audit and Finance committees. She also brings to our Board extensive experience in working with debt and equity markets along with a deep knowledge of tax, investor relations, corporate development and treasury management. With over 30 years’ experience in the mining industry, Ms. Quirk has a keen understanding of the operational, governmental and regulatory issues facing our industry.

David Steiner

Mr. David P. Steiner is Independent Director of the Company. Retired; Former President and Chief Executive Officer of Waste Management, Inc., Houston, Texas (a leading provider of integrated waste management services in North America) from March 2004 to November 2016. Mr. Steiner served as Chief Executive Officer of Waste Management, Inc. from March 2004 to November 2016. Prior to being named CEO, he served in a variety of capacities with Waste Management, Inc., including as Executive Vice President and Chief Financial Officer from 2003 to 2004, and as Senior Vice President, General Counsel and Corporate Secretary from 2001 to 2003. He serves on the Board of Directors of FedEx Corporation, and formerly served on the boards of TE Connectivity Ltd. (previously known as Tyco Electronics, Ltd.) and Waste Management, Inc. Mr. Steiner earned his bachelor’s degree in accounting from Louisiana State University and holds a Juris Doctorate from the University of California, Los Angeles, School of Law. Mr. Steiner brings to our Board valuable insight into business, leadership and management issues facing large industrial companies. His experience as CEO of Waste Management, Inc. and as chair of the nominating and governance committee of FedEx Corporation makes him well qualified to serve on our Governance and Safety, Health and Environmental Affairs Committees. Additionally, he brings to our Board a keen understanding of issues involving trucking and logistics management, a key component of our business.

Lee Styslinger

Mr. Lee J. Styslinger, III, is Independent Director of the Company. Chairman and Chief Executive Officer of Altec, Inc., Birmingham, Alabama (a holding company for businesses that design, manufacture and market equipment for the electric and telecommunications industries globally) since 1997 (CEO) and 2011 (Chairman). Mr. Styslinger serves as Chairman and CEO of Altec and has over 20 years’ experience leading companies engaged in the heavy equipment industry. He serves on the boards of many educational, civic and leadership organizations, including the Harvard Business School, the National Association of Manufacturers and the Northwestern University College of Arts and Sciences. He was appointed to the President’s Export Council, advising the President of the United States on international trade policy from 2006 to 2008. He received his Bachelor of Arts from Northwestern University and a Master of Business Administration from Harvard University. Mr. Styslinger brings to our Board a wealth of management and business experience running a large company in today’s global market. Additionally, his expertise in the heavy equipment industry greatly benefits Vulcan, which is a major purchaser of heavy machinery and equipment.

Kathleen Wilson-Thompson

Ms. Kathleen Wilson-Thompson is Independent Director of the Company. Executive Vice President and Global Chief Human Resources Officer of Walgreens Boots Alliance, Inc., Deerfield, Illinois (a drugstore chain), since January 2015. Senior Vice President and Chief Human Resources Officer of Walgreen Co. from January 2010 to December 2014. Senior Vice President, Global Human Resources of The Kellogg Company, Battle Creek, Michigan (a retail food manufacturer and distributor), from July 2005 to January 2010. Ms. Wilson-Thompson is responsible for strategy and delivery of all human resources-related activities globally for Walgreens Boots Alliance, Inc., the global leader in pharmacy-led health and well-being retail with over 13,200 stores in 11 countries. Ms. Wilson-Thompson earned a bachelor’s degree in literature from the University of Michigan and a Juris Doctorate and a master of law from Wayne State University. She serves on the NAACP Foundation. She was also named to Black Enterprise’s 2018 “Top 300 Most Powerful Executives in Corporate America” and one of their “50 Most Powerful Women in America” from 2015 to 2017. As a result of her senior leadership positions in human resources at both Walgreens and Kellogg, Ms. Wilson-Thompson brings to our Board valuable experience in compensation and benefits, human resources and organization issues that face a labor-intensive industry.