Martin Marietta Announces Retirement of CEO Stephen Zelnak
November 13, 2009
Ward Nye to assume CEO Position
(Raleigh, North Carolina) — Martin Marietta Materials, Inc. (NYSE: MLM) today announced that Chairman and CEO Stephen P. Zelnak, Jr., 64, will retire mid-year 2010 after leading the Company for over 27 years, first as a division of the aerospace company that is now Lockheed Martin Corporation, and since 1994 as a publicly traded company listed on the New York Stock Exchange.
Mr. Zelnak will continue as executive Chairman of the Board until his retirement and then become non-executive Chairman of the Board.
Full article can be found here.
