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Martin Marietta appoints new member to board of directors

Published by , Editorial Assistant
World Cement,

Martin Marietta Materials Inc. has announced the appointment of Dorothy Ables to its board of directors. Ables will serve on the audit committee and her appointment was effective from 5 November.

With the appointment of Ables, the company’s board of directors is now comprised of 10 directors, four of whom have been appointed since 2016.

Ables brings with her significant financial and operational leadership experience, having served most recently as Chief Administrative Officer (CAO) of Spectra Energy Corp. Ables held this role for almost 10 years until her retirement in early 2017. Her retirement culminated a career spanning more than 30 years at Spectra Energy and its predecessor companies. In her position as CAO, Ables was responsible for information technology, human resources, support services, and community relations. Before that, she also held roles as Vice President of Audit Services and Chief Ethics and Compliance Officer at Spectra, as well as having been Chief Financial Officer for Duke Energy Gas Transmission.

Ables is currently a member of the board of directors of Cabot Oil & Gas Corp., where she is on the committees for audit and compensation. She was also named as one of Texas’ Most Powerful and Influential Women by the National Diversity Council.

“Over the last several years, the nominating and corporate governance committee has further diversified and strengthened our board, ensuring that we have the right mix of skills and experience to continue building on Martin Marietta’s long track record of success,” said Ward Nye, Chairman and CEO of Martin Marietta. “As part of this continuous board refreshment process, we are pleased to add a leader of Dorothy’s caliber and believe her financial acumen and wide-ranging C-suite management experience make her uniquely qualified. Dorothy is a well-known and highly respected businessperson in Texas, which is a key market for Martin Marietta. We look forward to leveraging her deep knowledge of the State’s business and political environment, as well as the industry more broadly.”

Martin Marietta is a US-based company and leading supplier of building materials, including aggregates, cement, ready mix concrete, and asphalt.

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US cement news Cement news 2018