Martin Marietta Appoints New Member to Board of Directors
November 05 2018 - 8:40AM
Martin Marietta Materials, Inc. (NYSE:MLM) today announced the
appointment of Dorothy M. Ables to its Board of Directors,
effective November 5, 2018. With Ms. Ables’ appointment, the
Martin Marietta Board comprises 10 directors, four of whom have
joined since 2016. Ms. Ables will serve on Martin Marietta’s Audit
Committee.
Ms. Ables brings significant financial and
operational leadership experience to the Martin Marietta Board.
Most recently, she served as Chief Administrative Officer of
Spectra Energy Corp. from November 1, 2008 until her retirement in
February 2017, culminating a more than 30-year career at Spectra
Energy and its predecessor companies. As CAO, Ms. Ables was
responsible for information technology, human resources, support
services and community relations. Prior to that, she held roles as
Vice President of Audit Services and as Chief Ethics and Compliance
Officer for Spectra, and as Senior Vice President and Chief
Financial Officer for Duke Energy Gas Transmission. Ms. Ables began
her career in the audit department of Peat, Marwick, Mitchell &
Co., a predecessor of KPMG.
Ward Nye, Chairman and Chief Executive Officer,
stated, “Over the last several years, the Nominating and Corporate
Governance Committee has further diversified and strengthened our
Board, ensuring that we have the right mix of skills and experience
to continue building on Martin Marietta’s long track record of
success. As part of this continuous Board refreshment process, we
are pleased to add a leader of Dorothy’s caliber, and believe her
financial acumen and wide-ranging C-suite management experience
make her uniquely qualified. Dorothy is a well-known and highly
regarded businessperson in Texas, which is a key market for Martin
Marietta. We look forward to leveraging her deep knowledge of the
State’s business and political environment, as well as the energy
industry more broadly.”
About Dorothy Ables
Ms. Ables, 60, currently serves as a member of
the board of directors of Cabot Oil & Gas Corporation (NYSE:
COG), where she is on the Audit and Compensation Committees. She
also sits on the board of Houston Methodist Hospital Foundation.
Ms. Ables has been named one of Texas’ Most Powerful and
Influential Women by the National Diversity Council and one of
Houston’s Most Influential Women by Houston Woman
magazine. Ms. Ables graduated from the University of Texas at
Austin with a Bachelor of Business Administration in
Accounting.
About Martin Marietta
Martin Marietta, a member of the S&P 500
Index, is an American-based company and a leading supplier of
building materials, including aggregates, cement, ready mixed
concrete and asphalt. Through a network of operations spanning 27
states, Canada and The Bahamas, dedicated Martin Marietta teams
supply the resources necessary for building the solid foundations
on which our communities thrive. Martin Marietta’s Magnesia
Specialties business provides a full range of magnesium oxide,
magnesium hydroxide and dolomitic lime products. For more
information, visit www.martinmarietta.com or
www.magnesiaspecialties.com.
Investor Contact: Suzanne
OsbergVice President, Investor Relations (919)
783-4691Suzanne.Osberg@martinmarietta.com
Martin Marietta Materials (NYSE:MLM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Martin Marietta Materials (NYSE:MLM)
Historical Stock Chart
From Jul 2023 to Jul 2024