Vulcan Materials announces succession plan for the CFO position
Vulcan Materials announced a succession plan for the CFO position. The Company has named Suzanne H. Wood as Senior Vice President and CFO effective September 1. Wood will succeed John R. McPherson, currently Executive Vice President, CFO Financial and Strategy Officer. In order to ensure a smooth transition, McPherson will continue to serve in his current capacity until the end of August, and will remain with Vulcan as Chief Strategy Officer until the end of 2018, after which he plans to spend more time with his family in Dallas, Texas. From 2012 to 2018, Ms. Wood was Group Finance Director and CFO of Ashtead Group. Prior to becoming CFO of Ashtead, Ms. Wood was Executive Vice President and CFO of Sunbelt Rentals, Inc., the North American subsidiary of Ashtead comprising nearly 90 percent of its revenues. A certified public accountant, Wood also previously held CFO positions at Tultex Corporation and Oakwood Homes Corporation.