TXI Announces Executive Management Reorganization
April 28 2011 - 4:53PM
Texas Industries, Inc. (NYSE:TXI) today announced changes to its
executive management team to support the implementation of its
long-term strategy. Jamie Rogers has been named Vice President and
Chief Operating Officer and will report to Mel Brekhus, President
and CEO. Rogers previously served as Vice President - Consumer
Products for the company, and has been with TXI since 1996.
"As Vice President – Consumer Products, Jamie built a team that
has developed a number of innovative solutions that strengthened
customer relationships, improved operating efficiencies, and
enhanced the safety of our employees," Brekhus stated. "I believe
the new assignments will improve an already strong team and further
help us build a vertically integrated company that is customer
focused and market driven," Brekhus added.
In conjunction with this reorganization, Rogers will lead a team
of executives who are responsible for each of the company's
operational units. This team brings a long-standing history of
service to TXI and a solid foundation of experience and knowledge
of the industry. Included in his team are:
- J. Lynn Davis, who will continue as Vice President – Cement,
leading TXI's Hunter Cement expansion and commissioning
project
- Ed Gerik, who will serve as Vice President – Aggregate
Production and Expanded Shale & Clay
- Steve Mayfield, who will serve as Vice President –
Cement/Aggregate Sales & Marketing
- Ronnie Pruitt, who will serve as Vice President – Cement
Production
- Tom Zais, who will serve as Vice President – Ready Mix
The changes, effective June 1, 2011, will leverage TXI's
strength of vertical integration and enable the company to further
enhance its long term competitive position. A key objective of
the management realignment is the improved ability of TXI's teams
to collaborate and innovate more effectively across operational
units.
Texas Industries, Inc., a Dallas-based company, is a leading
supplier of building materials, including cement, aggregate and
concrete. With operating subsidiaries in six states, TXI is
the largest producer of cement in Texas and a major producer in
California. TXI is a major supplier of stone, sand, gravel and
expanded shale and clay products, and one of the largest producers
of bagged cement and concrete products in the Southwest. TXI shares
are traded on the New York Stock Exchange under the symbol
"TXI."
The Texas Industries, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6602
Certain statements contained in this press release are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact are forward-looking statements.
Forward-looking statements may include the words "may", "will",
"estimate", "intend", "continue", "believe", "expect", "plan" or
"anticipate" and other similar words. Such statements are subject
to risks, uncertainties and other factors, which could cause actual
results to differ materially from future results expressed or
implied by such forward-looking statements. Potential risks and
uncertainties include, but are not limited to, the impact of
competitive pressures and changing economic and financial
conditions on our business, the cyclical and seasonal nature of our
business, the level of construction activity in our markets,
abnormal periods of inclement weather, unexpected periods of
equipment downtime, unexpected operational difficulties, changes in
the cost of raw materials, fuel and energy, changes in the cost or
availability of transportation, changes in interest rates, the
timing and amount of federal, state and local funding for
infrastructure, delays in announced capacity expansions, ongoing
volatility and uncertainty in the capital or credit markets, the
impact of environmental laws, regulations and claims and changes in
governmental and public policy, and the risks and uncertainties
described in our reports on Forms 10-K, 10-Q and 8-K.
Forward-looking statements speak only as of the date hereof, and we
assume no obligation to publicly update such statements.
CONTACT: David Perkins
Corporate Director
Communications
And Government Affairs
972.647.3911
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