Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff
United Parcel Service President, U.S. Operations George Willis has been elected to the 11-member Vulcan Materials board and will serve on the Audit and Safety, Health & Environmental Affairs committees. “George has demonstrated exceptional leadership in his over 35-year career with UPS. His extensive experience with operations and logistics in a complex global business environment will provide us with invaluable insight on matters critical to our business,” says Vulcan Chairman Tom Hill.
Separately, U.S. Concrete directors have nominated Rajan Penkar, a nearly 25-year UPS veteran, for election to the board during next month’s annual meeting of stockholders. Penkar, whose lengthy UPS tenure was followed by three years at Sears Holding Corp., is president of Supply Chain Advisory Services LLC, which he founded in 2014 as an e-commerce and omni-channel supply chain design and optimization service provider.
“Mr. Penkar’s extensive experience in logistics and sourcing brings a unique set of qualities to the board and I believe he will help further drive shareholder value, if elected,” notes U.S. Concrete Lead Independent Director Michael Lundin. “[His] diverse background in technology and e-commerce will support the company’s major investment in and strategic focus on innovation through its suite of dispatching and cloud-based apps, including Where’s My Concrete?.”