Martin Marietta promotes Michael J. Petro to EVP, CFO with $750K base salary

MARTIN MARIETTA MATERIALS INC

Michael J. Petro promoted to Executive Vice President, Chief Financial Officer effective August 4, 2026.
Base salary $750,000; target annual incentive 100% of base; target long-term incentive 260% of base.
One-time RSU grant of $5,000,000 vesting ratably on 6th, 7th, 8th anniversaries.
Severance: three times base salary plus target bonus on termination without cause or for good reason; three-year non-compete.
Employment Protection Agreement provides change-of-control severance equal to three times annual compensation.

item 5.02

Executive movements

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Role change

Michael J. Petro

Executive Vice President, Chief Financial Officer

MLM · MARTIN MARIETTA MATERIALS INC

Effective: 2026-08-04
Filed: August 4, 2026, 4:52 PM ET

On August 4, 2026, Martin Marietta Materials, Inc. (the “Company”) announced that the Company has promoted Michael J. Petro to Executive Vice President, Chief Financial Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Petro changed role as Executive Vice President, Chief Financial Officer at MARTIN MARIETTA MATERIALS INC.

Action: promoted
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On August 4, 2026, Martin Marietta Materials, Inc. (the “Company”) announced that the Company has promoted Michael J. Petro to Executive Vice President, Chief Financial Officer.

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Source: SEC EDGAR

accession 0000950157-26-000837

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