Arcosa, Inc. Announces Appointment of Kimberly Lubel as a New Director
November 01 2021 - 4:27PM
Business Wire
Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a provider
of infrastructure-related products and solutions, today announced
that Kimberly S. Lubel has been elected to serve on the Company’s
Board of Directors as a new independent member effective
immediately and will serve as a member of the Company’s Human
Resources Committee. Ms. Lubel is the former Chairman, President
and Chief Executive Officer of CST Brands, Inc., and a former
senior executive of Valero Energy Corporation.
Ms. Lubel’s appointment fills the vacant seat following the
announced retirement of David W. Biegler that was effective on
September 21, 2021. Mr. Biegler served on the board since the
Company’s spin-off as an independent company in November 2018,
where he was most recently Chair of the Human Resources Committee,
and previously served for over twenty-five years on the board of
Trinity Industries, Inc., the Company’s former parent. Mr. Joseph
Alvarado, currently serving as a member of the Company’s Human
Resources and Governance and Sustainability Committees, will assume
the role of Chairman of the Human Resources Committee effective
immediately.
“We are extremely grateful to David for his exemplary
leadership, while at Arcosa for the past three years and his prior
service at Trinity,” commented Rhys J. Best, Non-Executive Chairman
of the Board of Arcosa. “David provided strategic continuity
through our early days as a new company and continued to provide
valuable counsel to the board and management. The board thanks
David for his long-standing service and dedication to the creation
of shareholder value.”
Mr. Best continued, “We are excited to welcome Kim to the Arcosa
board. Her impressive executive and strategic leadership skills as
well as her extensive experience as a public company board member
will be a tremendous asset to Arcosa. In addition, we are pleased
to add Kim to our Human Resources Committee.”
Ms. Lubel served as the Chairman, President, and Chief Executive
Officer of CST Brands, Inc. from its spin-off from Valero Energy
Corporation in 2013 until CST Brands’ acquisition by Circle K in
June 2017. Ms. Lubel served as the Executive Vice President and
General Counsel of Valero from 2006 to 2012 and served as its Vice
President of Legal Services from 2003 to 2006. Ms. Lubel joined
Valero in 1997. Ms. Lubel also serves on the boards of Westlake
Chemical Corporation, where she is a member of the Audit,
Compensation, Nominating and Governance and Corporate Risk and
Sustainability Committees, and PBF Energy Inc., where she is Chair
of the Health, Safety, and Environmental Committee and a member of
the Compensation Committee. She previously served on the boards of
WPX Energy, Inc., and CrossAmerica GP LLC. She holds a Bachelor of
Arts degree in Spanish and International Studies from Miami
University (Ohio), a Master of Arts degree in International
Relations from Baylor University, and a Juris Doctor degree from
The University of Texas School of Law. She is also a graduate of
the Executive Program at Stanford University.
About Arcosa
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of
infrastructure-related products and solutions with leading
positions in construction, engineered structures, and
transportation markets. Arcosa reports its financial results in
three principal business segments: the Construction Products
segment, the Engineered Structures segment, and the Transportation
Products segment. For more information, visit www.arcosa.com.
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INVESTOR CONTACTS
Gail M. Peck Chief Financial Officer Erin Drabek Director of
Investor Relations
T 972.942.6500 InvestorResources@arcosa.com
David Gold ADVISIRY Partners
T 212.661.2220 David.Gold@advisiry.com
MEDIA CONTACT
Media@arcosa.com
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