Vulcan Materials Company elect new director

15 February, 2017

David P. Steiner joins board as Elaine L. Chao steps down after being confirmed as US Secretary of Transportation

VULCAN Materials Company, the largest producers of construction aggregates in the US, have elected David P. Steiner to their board of directors, with immediate effect.

Mr Steiner (pictured), who will serve on Vulcan’s Safety, Health and Environmental Affairs Committee and the Governance Committee, most recently served as chief executive officer of Waste Management Inc. from 2004 to 2016.

Waste Management provide waste-management services in North America, including collection, transfer, recycling and resource recovery services, as well as landfill disposal.

Mr Steiner also serves on the board of directors of FedEx Corporation.

‘We are extremely pleased to welcome David to the board,’ said J. Thomas Hill, Vulcan’s chairman and chief executive officer. ‘He brings a wealth of expertise in business operations, land management, transportation and logistics, financial management and strategic planning.’

Meanwhile, Elaine L. Chao has stepped down from the board after being confirmed by the US Senate to serve as US Secretary of Transportation. Secretary Chao joined Vulcan’s board in February 2015.

Mr Hill continued: ‘I am so pleased to congratulate Secretary Chao on becoming the 18th US Secretary of Transportation. Her insights into both the public and private sectors have been very valuable to Vulcan. We are most grateful for the contributions she has made to Vulcan and we wish her the very best as she leads the US Department of Transportation.’