US: Vulcan Materials has announced a series of leadership changes effective from 1 January 2014.
Tom Hill, previously Senior Vice President of the company's South Region, has been promoted to the position of Executive Vice President and Chief Operating Officer for Vulcan Materials. John McPherson, previously Senior Vice President of Vulcan's East Region, has been promoted to the position of Executive Vice President and Chief Financial Officer.
Danny Shepherd, previously Executive Vice President and Chief Operating Officer of Vulcan Materials, has been promoted to the position of Vice Chairman of the company. Dan Sansone, previously Executive Vice President and Chief Financial Officer, has been named as Executive Vice President of Strategy. He plans to retire from the Vulcan Materials at the end of 2014.
"These are key steps in our succession planning process, which is an important and ongoing focus of our Board of Directors," said Don James, Vulcan's Chairman. "We are blessed with great talent and experience at Vulcan and these appointments position us well for future growth opportunities that will further enhance shareholder value. Tom, John, Danny and Dan have played immensely important roles for Vulcan and will continue to do so in their new positions. We are excited about our future and about their roles in helping shape it."
