New board appointment at Martin Marietta

Dorothy M. Ables brings significant financial and operational leadership to the board

MARTIN Marietta Materials Inc. have announced the appointment of Dorothy M. Ables to their board of directors, effective 5 November 2018. 

Ms Ables, who will serve on Martin Marietta’s Audit Committee, brings significant financial and operational leadership experience to the board.

Most recently, she served as chief administrative officer (CAO) of Spectra Energy Corp. from 1 November 2008 until her retirement in February 2017, which brought an end to 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.

Ward Nye, chairman and chief executive officer of Martin Marietta, said: ‘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 calibre, and believe her financial acumen and wide-ranging C-suite management experience make her uniquely qualified.

‘Dorothy is a well-known and highly regarded business person 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.’