Vulcan Materials Co. announced that Suzanne Wood has decided to retire as senior vice president and chief financial officer, effective Sept. 1, 2022. Wood will then remain with the company in a consulting capacity until the end of the year. The board of directors has appointed Mary Andrews Carlisle, vice president – finance, as Wood’s successor, effective Sept. 1.
Additionally, Vulcan announced that Darren Hicks, who is currently Vulcan’s vice president – human resources, has been appointed to the newly created role of senior vice president and chief human resources officer, effective March 1.
Tom Hill, chairman and chief executive officer, said, “Suzanne’s leadership has played an important role in our success, including our ability to deliver growth and enhanced profitability, despite inflationary pressures and challenges from the pandemic. Vulcan’s sound financial position reflects her close attention to balance sheet strength, cash generation and return on invested capital during her tenure. We are saddened to be losing Suzanne but understand her decision to retire in order to focus more time on her family.”
Hill continued, “Mary has been a standout leader in our finance group and deeply involved in all aspects of our business for the past 16 years. Mary has in-depth knowledge of Vulcan’s business, having worked closely with Suzanne in the planning and execution of our financial strategy, and will continue to work side-by-side with Suzanne in the coming months as part of the transition.
“Darren brings to this new role a wealth of experience, and importantly, a deep understanding of Vulcan’s culture from his 27 years with the company. We believe strongly that our culture and our people are key to our success. During his tenure, Darren has been a champion of mentoring and diversity and inclusion initiatives.”
Regarding Carlisle and Hicks’ appointments, Hill stated, “Our board and management team understand the importance of succession planning across all senior leadership positions in order to develop talented leaders and deep bench strength. With Mary as our chief financial officer and Darren as our chief human resources officer, we will move forward with our aggregates-focused strategy without missing a beat.”