Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March 11, 2020, George Willis was elected to the Board of Directors (the
"Board") of Vulcan Materials Company (the "Company"), effective immediately.
Mr. Willis currently serves as President, U.S. Operations of UPS (NYSE: UPS), a
global leader in logistics, offering a broad range of solutions including
transporting packages and freight, facilitating international trade, and
deploying advanced technology to more efficiently manage the world of business.
Mr. Willis has been appointed to serve on the Board's Audit Committee and its
Safety, Health and Environmental Affairs Committee. He will receive the
directors fees and stock-based compensation for directors previously disclosed
in the Company's proxy statement for its 2019 Annual Meeting of Shareholders. He
will stand for re-election at the Company's upcoming 2020 Annual Meeting of
Shareholders. There are no arrangements or understandings between Mr. Willis and
any other persons pursuant to which he was selected as a director. Mr. Willis
does not have a direct or indirect material interest in any transaction required
to be disclosed pursuant to Item 404(a) of Regulation S-K.
A copy of the Company's press release announcing the election of Mr. Willis to
the Board is attached hereto as Exhibit 99.1, and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
99.1 Press Release, dated March 11, 2020
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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