New directors bring Martin Marietta rail, trucking perspectives

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff

Former Union Pacific Corp. Chairman and CEO Jack Koraleski was elected to the 10-member Martin Marietta board on August 15, joining Republic Services President and CEO Don Slager, who was appointed during the producer’s late-May annual general shareholders meeting. They succeed Frank Menaker Jr. and Richard Vinroot who, after 23 and 20 years on the board, respectively, were not eligible for election due to their reaching mandatory retirement age.

Koraleski, who retired from Omaha, Neb.-based rail services giant Union Pacific in September 2015, will serve on the Martin Marietta Audit, Management Development and Compensation, and Executive Committees. Slager, who oversees a major waste-hauling and recycling player based in Phoenix, serves on the Martin Marietta Finance, Ethics, plus Environment, Safety and Health Committees.