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.

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