BIRMINGHAM — Vulcan Materials has named Ronnie Pruitt its chief executive officer, the board of directors announced. Pruitt’s promotion is effective Jan. 1; he will also join the company’s board.
Chairman and CEO Tom Hill will transition to the role of executive chairman of the board, the company said in a news release. Hill and Pruitt have partnered closely to develop and implement the company’s strategy and will continue to work together to ensure a smooth transition of responsibilities.
“Ronnie is the ideal person to lead Vulcan’s future growth and innovation,” said Hill. “He is an experienced executive with deep expertise across the strategic, operational, and commercial areas of our business. Ronnie’s proven leadership and commitment to The Vulcan Way will ensure a seamless transition as he focuses on continuing to create value for our shareholders, customers, and employees.”
Pruitt has more than three decades of experience.
According to the company, as its chief operating officer, “Pruitt has delivered on the company’s two, durable growth strategy, continuing to expand aggregates unit profitability and strategically shape the company’s portfolio.”
“I am honored to lead this exceptional company,” said Pruitt. “Vulcan is well positioned with outstanding talent, a commitment to disciplined capital allocation, and a proven strategy. Under Tom’s leadership, Vulcan developed a continuous improvement culture, and I’m excited to leverage the opportunities ahead to drive value for our customers and shareholders.”
Birmingham-based Vulcan Materials is the nation’s largest producer of construction aggregates.
“Ronnie Pruitt is the right leader to guide Vulcan into the future,” said Grayson Hall, lead independent director. “This leadership transition is the culmination of a thoughtful, thorough, and structured succession planning process that was focused on maintaining our strategic direction as an aggregates-led business.
“On behalf of the entire Board, I’d like to extend my gratitude to Tom for his distinguished service. We look forward to benefitting from his continued counsel in his role of executive chairman.”
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