Vulcan announce new division leadership

Company makes management changes to further enhance company's ability to grow profitably

VULCAN Materials Company, the largest producers of construction aggregates in the US, have announced new division leadership and changes to their organizational structure aimed at further enhancing the company’s ability to serve customers and increase profitability, while also continuing to capture strategic growth opportunities across its footprint.

The new structure, which takes effect 1 January 2015, places key leaders within the organization in seven operating divisions.

The company’s divisions will be as follows:

• Western Division, comprising the company’s businesses in California
• Mountain West Division, comprising Arizona and New Mexico
• Southwest Division, comprising the company’s businesses in Texas and Oklahoma;
• Central Division, comprising Arkansas, Tennessee, Kentucky and Illinois
• Mideast Division, comprising North Carolina, Virginia, Maryland, Pennsylvania and Delaware
• Southern and Gulf Coast Division, comprising Alabama, Mississippi and Louisiana
• Southeast Division, comprising Florida, Georgia and South Carolina.

Senior vice-president Stan Bass will continue his leadership responsibilities for both the Western Division and the newly formed Mountain West Division, while David Pasley, formerly vice-president and general manager for Central California, has been appointed president of Mountain West and will report to Mr Bass.

Jeff Lott, formerly vice-president and general manager, Texas, will lead the company’s Texas and Oklahoma businesses as president of the Southwest Division, and David Clement will serve as president of the Central Division, continuing in his leadership role for the company’s businesses in Illinois, Kentucky, Tennessee and Arkansas.

Kim Duke, formerly vice-president and general manager of the company’s Florida business, will serve as president of the Mideast Division, while Jason Teter, formerly vice-president, business development, will serve as president of the Southern and Gulf Coast Division.

Finally, David Grayson, formerly vice-president and general manager of the company’s Georgia business, will serve as president of the Southeast Division.

Commenting on the changes, Vulcan’s president and chief executive officer, Tom Hill, said: ‘This structure is a natural evolution of Vulcan’s streamlined organization and enables us to pursue growth and profitability while further leveraging the actions we have undertaken since 2012 to consolidate our back-office functions.

Since 2012, Vulcan have increased annual run-rate profitability, dramatically reduced debt and strategically redeployed capital, while also enhancing the company’s industry-leading position in cash gross profit per ton.

‘Building on these actions, our new organizational structure will enable us to move into a new period of strong, profitable growth and enhance our position as the leading aggregates producer in the US,’ said Mr Hill. ‘I am confident that our division presidents and their teams will deliver excellent results and take our businesses to new heights.’