Martin Marietta Materials, Inc. Appoints Michael J. Petro as Senior Vice President, Effective July 8, 2025

Published: 2025-07-08 08:35:31 ET MLM

Published on 07/08/2025 at 08:35

On July 7, 2025, Martin Marietta Materials, Inc. (the ?Company?) appointed Michael J. Petro, to serve as the Company?s Senior Vice President, effective as of July 8, 2025 (the ?Effective Date?). Mr. Petro, age 41, joined the Company in 2015 and currently serves as its Senior Vice President of Strategy and Development, a role he has held since 2021. Mr. Petro will continue serving in this Strategy and Development capacity following the Effective Date.

Prior to this Chief Financial Officer role, Mr. Petro served as Vice President, Strategy and Development since 2018 and served as Director of Strategy and Development from 2015 to 2018. Prior to joining the Company, Mr. Petro worked in investment banking at Wells Fargo Securities and served as a consultant at PwC. Mr. Petro earned an undergraduate degree in accounting from Louisiana State University and a master?s of business administration degree from Duke University?s Fuqua School of Business.

Mr. Petro, who most recently served as Senior Vice President of Strategy and Development at Martin Marietta, brings decades of financial leadership experience. Since joining the Company in 2015, he has played a key role in formulating and executing the Company?s strategic growth initiatives including through his work on successful portfolio-enhancing transactions that have greatly expanded Martin Marietta?s geographic footprint and improved the Company?s product mix. These include the acquisitions of Bluegrass Materials, Lehigh Hanson?s West Region, the Tiller Corporation, Albert Frei & Sons and affiliates of Blue Water Industries as well as the divestiture of certain non-core assets.

Prior to joining the Company, Mr. Petro held roles as an investment banker and a consultant, where he developed a deep understanding of capital markets, financial analysis, forecasting and process optimization. As CFO, Mr. Petro will continue to oversee Martin Marietta?s Strategy and Development team.