Donald M James, non-executive chairman of Vulcan Materials Company will retire at the end of this month.
J Thomas Hill, Vulcan’s president and chief executive, will succeed James as chairman.
James T. Prokopanko, Vulcan’s lead director, said: “Don has led Vulcan Materials as the largest aggregates supplier in the U.S. for 18 years, significantly expanding its operations throughout the nation.
“During that time, he has guided Vulcan through periods of strong growth as well as difficult market downturns, always with a keen eye on customer service, creating opportunities for employees and building sustainable, long term value for shareholders.
“In particular, the actions taken by Don and the management team in recent years to increase operational efficiency, de-risk the balance sheet and maintain disciplined growth have positioned Vulcan to deliver increasingly stronger returns. On behalf of the board, I thank Don for his invaluable service to Vulcan and wish him all the best in his future endeavors.”