Martin Marietta Materials Inc.
Martin Marietta CFO Resignation and Interim CFO Appointment
Summary
On April 10, 2025, Martin Marietta Materials, Inc. announced that James A.J. Nickolas resigned as Executive Vice President and Chief Financial Officer effective April 11, 2025, to join another company as its CFO. The company appointed Robert J. Cardin as Interim CFO on the same date. Martin Marietta also provided preliminary unaudited first-quarter 2025 financial results, estimating revenues of $1.353 billion, net earnings of $116 million, and adjusted EBITDA of $351 million. Full results will be released on April 30, 2025.
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About Martin Marietta Materials Inc.
Martin Marietta Materials Inc. is a leading supplier of building materials, primarily aggregates like crushed stone, sand, and gravel, as well as cement and concrete products in the United States. Its primary purpose is to support the construction industry by providing essential raw materials used in infrastructure projects, commercial and residential construction, and the development of public works like roads, bridges, and airports. Martin Marietta Materials is heavily involved in sectors such as construction, transportation, and energy, where its products are critical for foundational building and maintenance. The company plays a significant role in regional and national economic development, given the essential nature of its offerings in the construction and infrastructure sectors. With a broad geographic footprint and a diverse product line, Martin Marietta Materials holds a strategic position within the market, contributing to the durability and growth of urban and rural communities alike.
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