leadership
confidence high
sentiment neutral
materiality 0.60
Martin Marietta appoints Michael J. Petro as CFO, replacing interim CFO Cardin
MARTIN MARIETTA MATERIALS INC
- Michael J. Petro named SVP and CFO effective July 8, 2025; previously led Strategy and Development.
- Robert J. Cardin returns to his role as SVP, Controller and Chief Accounting Officer after interim CFO stint since April 2025.
- Petro's base salary increased to $600,000; receives one-time RSU grant of $1,000,000 vesting in 5 years.
- Target annual incentive remains 90% of base salary; target long-term incentive remains 200% of base salary.
item 5.02item 9.01