Board of Directors
Chairman of the Board, President and Chief Executive Officer
Mr. Nye has served as Chairman of the Board since 2014, as President of Martin Marietta since 2006 and as Chief Executive Officer and a Director since 2010. Mr. Nye previously served as Chief Operating Officer from 2006 to 2009. Prior to joining Martin Marietta in 2006, Mr. Nye spent nearly 13 years with Hanson PLC in a series of increasingly responsible positions, including as Executive Vice President of its North American aggregates, cement, ready-mixed concrete, hot-mixed asphalt and paving businesses.
Since 2018, Mr. Nye has been a member of the Board of Directors of General Dynamics Corporation (NYSE: GD), a global aerospace and defense company.
In addition to his educational, professional, executive and related roles, Mr. Nye is a past Chairman of the Board and current member of the Executive Committee and Nominating & Leadership Development Committee of the National Stone, Sand & Gravel Association (NSSGA) as well as a former gubernatorial appointee to the North Carolina Mining Commission. He presently serves as Vice Chairman of the Board of the American Road Transportation Builders Association (ARTBA) and as a member of the Board of Directors of the United States Chamber of Commerce, the world’s largest business organization. Mr. Nye has also served on numerous other state, local and/or philanthropic organizations including the North Carolina Chamber of Commerce, the North Carolina Business Council of Management and Development, Inc., the Duke University Alumni Board, the Wake Forest University Law School Alumni Board, and as Vice Chairman of UNC Rex Healthcare’s Board of Trustees.
Mr. Nye received a bachelor’s degree from Duke University and a law degree from Wake Forest University.
Lead Independent Director
Mr. Quillen has been a Director since 2008, and served as Lead Independent Director of Martin Marietta since 2014.
Mr. Quillen served as Chairman of the Board of Directors and President of Alpha Natural Resources, Inc., an Appalachian coal supplier, from 2006 to 2009, as Chief Executive Officer from 2004 to 2009, and non-Executive Chairman through May 2012.
Mr. Quillen has also served as Chairman (Rector) of the Board of Visitors of Virginia Polytechnic Institute and State University from July 2012 to June 2014 and was reappointed to an additional four-year term on the Board of Governors in July 2014. He was Chairman of the Audit and Finance Committee of Virginia Polytechnic Institute and State University from July 2010 to June 2012, and is currently Chairman of the Building and Grounds Committee of Virginia Polytechnic Institute and State University. He also served on the Virginia Port Authority from 2003 to 2012 and as Chairman from July 2011 to December 2012.
Mr. Quillen attended Virginia Polytechnic Institute and State University, earning both a bachelor's degree and a master's degree in Civil Engineering.
Ms. Ables joined the Martin Marietta Board in 2018. Ms. Ables held a number of executive positions with Spectra Energy and predecessor companies, including serving from November 1, 2008 to 2017 as the Chief Administrative Officer of Spectra Energy Corp., where she was responsible for human resources, information technology, support services, community relations and audit services. Prior to that, she served as Vice President of Audit Services and Chief Ethics and Compliance Officer for Spectra Energy and Senior Vice President and Chief Financial Officer for Duke Energy Gas Transmission. Spectra Energy was a Fortune 500 Company and one of North America’s leading pipeline and midstream companies. Ms. Ables started her career in the audit department of Peat, Marwick, Mitchell & Co.
Ms. Ables serves as an Independent Director of Cabot Oil & Gas Corporation, an independent oil and gas company, where she is a member of the Audit Committee and Compensation Committee. She served as a Director of Spectra Energy Partners, an affiliate of Spectra Energy Corp., from 2013 to 2017.
Ms. Ables attended the University of Texas at Austin where she earned a Bachelor of Business Administration degree in Accounting.
Ms. Cole has been a Director since 2002, and is currently the managing partner of SAGE Leadership & Strategy, LLC, an advisory firm for businesses, organizations and individuals relating to strategy, governance and leadership development.
She was previously a principal of Granville Capital Inc., a registered investment advisor, from 2006 to 2011. Before that, Ms. Cole served as Regional Chief Executive Officer of the Mid-Atlantic Region of U.S. Trust Company, N.A., from 2003 to 2006, and as Chief Executive Officer of U.S. Trust Company of North Carolina and its predecessor, North Carolina Trust Company.
Ms. Cole serves as Chair of the Management Development and Compensation Committee of Biscuitville, Inc., where she was previously Chairman of the Board. Ms. Cole has previously served on the public-company board of UNIFI, Inc. She also serves on the Investment Committee of the University of North Carolina at Greensboro and as a member of the North Carolina Economic Development Board. Ms. Cole is also past Chairman of the North Carolina Chamber of Commerce.
Ms. Cole attended the University of North Carolina at Greensboro where she earned a bachelor's degree in Business Administration and a Master of Business Administration in Finance.
Mr. Davis has been a Director since 2018, and is currently a senior partner at Akin Gump Strauss Hauer & Feld LLP, an international law firm, which he joined in 1979. Mr. Davis provides counsel on a wide variety of legislative and regulatory matters, including those before a variety of congressional committees. Mr. Davis’ practice has included advising on legal matters relating to environmental issues, financial institutions, mergers and acquisitions, and pension reform. Mr. Davis has also served on the law firm’s Compensation and Management Committees.
Prior to joining Akin Gump, Mr. Davis served as a counsel to the House Judiciary Committee.
Mr. Davis attended Yale University where he received his bachelor's degree, magna cum laude, and Yale Law School where he received his Juris Doctor degree.
Mr. Koraleski joined the Martin Marietta Board in 2016. Mr. Koraleski served from February 2015 through his retirement in September 2015 as executive Chairman of the Board of the Union Pacific Corporation (UP), which through its subsidiaries operates North America’s premier railroad franchise, covering 23 states across the western two-thirds of the United States. Prior to that, he was named President and Chief Executive Officer of the UP in March 2012, elected as a Director of the UP in July 2012 and appointed Chairman of the Board in 2014. Since joining the Union Pacific (Railroad) in 1972, Mr. Koraleski held a number of executive positions in the UP and the Railroad, including, Executive Vice President – Marketing and Sales from 1999 to 2012, Executive Vice President – Finance and Information Technology, Chief Financial Officer and Controller.
Mr. Koraleski served as the Chairman of The Bridges Investment Fund, Inc., a general equity fund whose primary investment objective is to seek long-term capital appreciation, from 2005 through March 2012 and is a past Chairman of the Association of American Railroads.
Mr. Koraleski earned a bachelor’s degree and a master’s degree in Business Administration from the University of Nebraska at Omaha.
Ms. Perez has been a Director since 2004, and is an investment consultant with DeRoy & Devereaux, an independent investment adviser, where she has provided client consulting services since 2015. She was previously Owner and Managing Partner of The Medallion Company, LLC, a consulting firm, from 2003 to 2015.
From 1996 until 2002, she was Vice President of Loomis, Sayles & Company, L.P. Ms. Perez was co-founder of Medallion Investment Company, Inc. and served as President and Chief Executive Officer from 1991 until it was acquired by Loomis Sayles in 1996.
Ms. Perez was previously a Director of GenOn Energy, Inc., a large power producer in the United States, where she was Chair of its Audit Committee and a member of its Risk and Finance Oversight Committee. In addition to civic and charitable organizations, Ms. Perez recently served as Vice Chairman of the Board of Regents at Baylor University and previously served on the Board of Trustees at New Mexico State University, where she was also Chairman of the Board.
Ms. Perez earned a bachelor's degree from Baylor University in Finance and Economics.
Mr. Slager has been a Director since 2016, and is currently the President and Chief Executive Officer of Republic Services, Inc., a service provider in the non-hazardous solid waste industry, holding this position since January 2011. Prior to this, he served as President and Chief Operating Officer. Mr. Slager also serves as a Director of Republic Services.
Previously, Mr. Slager served as President and Chief Operating Officer for Allied Waste Industries, Inc., from 2005 to 2008, prior to its merger with Republic Services.
Mr. Slager previously served as a Director of UTi Worldwide Inc. from 2009 until its sale in January 2016 to DSV A/S. UTi was a NASDAQ-listed international supply chain services and solutions company providing air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, truckload brokerage and other supply chain management services. Mr. Slager served as Chair of UTi’s Nominating and Corporate Governance Committee and a member of its Compensation Committee.
Mr. Slager has completed the Northwestern University Kellogg School Advanced Executive Program and holds a certificate from the Stanford University Board Consortium Development Program.
Mr. Zelnak served as Chairman of the Board of Martin Marietta from 1997 to 2014. From 1993 to 2009, Mr. Zelnak served as its Chief Executive Officer. Mr. Zelnak joined Martin Marietta Corporation in 1981. He served as president of the Materials group from 1992 until the formation of Martin Marietta in 1993.
Mr. Zelnak is Chairman and majority owner of ZP Enterprises, a private investment firm engaged in the purchase of small manufacturing companies. He is also the Chairman of the Board of Directors of Beazer Homes USA, Inc. Mr. Zelnak is also past Chair of the North Carolina Chamber of Commerce and the National Stone, Sand & Gravel Association. He currently serves on the Advisory Board of the College of Management at North Carolina State University and is a Trustee Emeritus of the Georgia Tech Foundation Board.
Mr. Zelnak received a bachelor's degree from Georgia Institute of Technology and master's degrees in Administrative Science and Business Administration from the University of Alabama system.