Board of Directors

Board of Directors

C. Howard Nye
Chairman of the Board, President, and Chief Executive Office Martin Marietta

C. Nye

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 served as Executive Vice President, Hanson Aggregates North America, a producer of aggregates for the construction industry.

Mr. Nye received a bachelor’s degree with honors from Duke University and a law degree from Wake Forest University.

In addition to his educational, professional and executive roles, Mr. Nye has been a gubernatorial appointee to the North Carolina Mining Commission and is a past Chairman and current Executive Committee member of the National Stone, Sand & Gravel Association (NSSGA). He also currently serves as Vice Chairman of the American Road Transportation Builders Association (ARTBA) and as a Director of the United States Chamber of Commerce, the world’s largest business organization representing the interests of more than 3 million businesses. Mr. Nye also is an Independent Director of CREE, Inc. (NASDAQ: CREE), a multinational manufacturer of semiconductor light-emitting diode materials and devices where he is Chair of the Governance and Nominations Committee and a member of the Compensation Committee. Mr. Nye has further served on numerous other state, community and charitable organizations including the Duke University Alumni Association Board, Wake Forest University School of Law Alumni Board, and as Vice Chairman of UNC Rex Healthcare, Inc.’s Board of Trustees.

Chairman of the Board

Michael J. Quillen
Lead Independent Director, Martin Marietta<br>Former Chairman and Chief Executive Officer

Michael Quillen
<Br>Alpha Natural Resources, Inc.

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.

Independent Director
Lead Director

Sue W. Cole
Managing Partner

Sue Cole
<Br>SAGE Leadership & Strategy, LLC

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. 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. 

Independent Director

John J. Koraleski
Former Chairman of the Board, President and Chief Executive Officer, Union Pacific Corporation

John Koraleski

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 and Master’s degree in business administration from the University of Nebraska at Omaha.

Independent Director

David G. Maffucci
Former Executive Vice President and Chief Financial Officer

David Maffucci
<Br>Xerium Technologies, Inc.

Mr. Maffucci has been a Director since 2005. He served as Executive Vice President and Chief Financial Officer of Xerium Technologies, Inc. from 2009 to 2010 and as a Director from 2008 until 2010. Xerium Technologies, Inc. is a manufacturer and supplier of consumable products used in paper production.

Previously, Mr. Maffucci served as Executive Vice President of Bowater Incorporated and President of its Newsprint Division from 2005 to 2006. He served as Chief Financial Officer of Bowater Incorporated from 1995 to 2005.

Mr. Maffucci is a Director of Domtar Corporation, where he serves as the Chair of its Audit Committee and a member of its Nominating and Corporate Governance and Finance Committees. Domtar Corporation designs, manufactures, markets and distributes a wide variety of fiber based products including communication papers, specialty and packaging papers, market pulp and absorbent hygiene products. Mr. Maffucci previously worked at KPMG.

Independent Director

Laree E. Perez
Owner and Managing Partner

Laree Perez
<Br>The Medallion Company, LLC

Ms. Perez has been a Director since 2004, and is currently the Owner and Managing Partner of The Medallion Company, LLC, a consulting firm, since 2003. In 2015, she became employed as an investment consultant with DeRoy & Devereaux, an independent investment adviser, where she provides client consulting services.

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.

Independent Director

Dennis L. Rediker
Former President and Chief Operating Officer

Dennis Rediker
<Br>Utility Composite Solutions International

Mr. Rediker has been a Director since 2003, and served as President and Chief Operating Officer of Utility Composite Solutions International, a developer and maker of composite materials for utility and municipal lighting applications, from 2011 to 2016, until its sale to Highland Industries. He is currently providing consulting and transition services to Highland Industries.

From 2009 to 2011, Mr. Rediker served as the President and Chief Operating Officer of B4C, LLC, a developer and maker of ceramic materials for defense and aerospace applications. He previously served as President, Chief Executive Officer and a Director of The Standard Register Company until his retirement in 2008. Prior to joining The Standard Register Company in 2000, he was Chief Executive Officer and a Director of English China Clays, plc.

Independent Director

Donald W. Slager
President and Chief Executive Officer

Donald Slager
<Br>Republic Services, Inc.

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.

Independent Director

Stephen P. Zelnak, Jr.
Chairman of the Board, Beazer Homes <br>Former Chief Executive Officer

Stephen Zelnak, Jr.
Martin Marietta

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.

For recent transactions, including derivative transactions, see our Section 16 SEC filings page.