Vulcan names McKinsey, Goldman Sachs veteran to head Strategy & Business Development

Source: Vulcan Materials Co., Birmingham, Ala.

John McPherson will join Vulcan Materials as senior vice president, Strategy and Business Development, by mid-October, also serving on the producer’s executive committee. As a director of global management consultant McKinsey & Co., he has worked with executive teams across several industries on matters of strategy, operations and organization effectiveness, leading the firm’s Human Capital Practice up to the Vulcan appointment.

Formerly the managing partner of the McKinsey Dallas office, he began his career at Goldman Sachs & Co., working with capital-intensive, infrastructure-oriented clients. McPherson, 43, holds undergraduate and master of business administration degrees from Stanford University.

“John will strengthen our senior management team by adding valuable experience and expertise, and add to the already strong group who will become the next generation of leaders for our company,” says Vulcan Chairman Don James. “He will work with our divisions and lead an effort to enhance our performance and pursue strategic opportunities.”