Howard Nye - Martin Marietta Chairman of the Board and Presidentident, CEO

MLM Stock  MXN 12,228  381.62  3.22%   

Chairman

Mr. C. Howard Nye is the Chairman of the Board, President, Chief Executive Officer of Martin Marietta Materials, Inc. Mr. Nye has served as Chairman of the Board since 2014 and as President and Chief Executive Officer of Martin Marietta since January 1, 2010. He previously served as President and Chief Operating Officer of Martin Marietta from August 2006 to 2009. From 2003 to 2006, Mr. Nye served as Executive Vice President of Hanson Aggregates North America, a producer of aggregates for the construction industry, and in other managerial roles since 1993. Mr. Nye is also currently an independent Director of General Dynamics, an American aerospace and defense multinational corporation and the worlds fifthlargest defense contractor. Mr. Nye has also been active in a number of various business, civic, and education organizations, including serving as Chairman of the Steering Committee, as a member of the Executive Committee and Nominating Leadership Development Committee and past Chairman of the Board of Directors of the National Stone, Sand Gravel Association, Vice Chairman of the Board of Directors of the American Road Transportation Builders Association, and a member of the Board of Directors of the United States Chamber of Commerce. Mr. Nye was previously a member of the Board of CREE, Inc., until October 2018. Mr. Nye has also been a gubernatorial appointee to the North Carolina Mining Commission since 2014.
Age 60
Tenure 10 years
Phone919 781 4550
Webhttps://www.martinmarietta.com
Nye received a Bachelor’s degree from Duke University and a Juris Doctor degree from Wake Forest University.

Martin Marietta Management Efficiency

The company has return on total asset (ROA) of 0.0534 % which means that it generated a profit of $0.0534 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1241 %, meaning that it generated $0.1241 on every $100 dollars invested by stockholders. Martin Marietta's management efficiency ratios could be used to measure how well Martin Marietta manages its routine affairs as well as how well it operates its assets and liabilities.
Martin Marietta Materials has accumulated 5.1 B in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. Martin Marietta Materials has a current ratio of 2.09, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Martin Marietta until it has trouble settling it off, either with new capital or with free cash flow. So, Martin Marietta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Martin Marietta Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Martin to invest in growth at high rates of return. When we think about Martin Marietta's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

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Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. The company was founded in 19 and is headquartered in Raleigh, North Carolina. MARTIN MARIETTA operates under Building Materials classification in Mexico and is traded on Mexico Stock Exchange. It employs 8700 people. Martin Marietta Materials (MLM) is traded on Mexican Exchange in Mexico and employs 10,000 people.

Management Performance

Martin Marietta Materials Leadership Team

Elected by the shareholders, the Martin Marietta's board of directors comprises two types of representatives: Martin Marietta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Martin. The board's role is to monitor Martin Marietta's management team and ensure that shareholders' interests are well served. Martin Marietta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Martin Marietta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Suzanne Osberg, VP Relations
Roselyn Bar, Executive Vice President General Counsel, Secretary
James Nickolas, CFO, Senior Vice President
Michael Petro, VP Devel
Howard Nye, Chairman of the Board and Presidentident, CEO
Craig LaTorre, VP Officer
Bob Meskimen, Pres VP
Kirk Light, Pres Mix
Robert Cardin, Senior Vice President Chief Accounting Officer
John Mohr, Senior Vice President CIO

Martin Stock Performance Indicators

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