DENVER, Jan. 9, 2024
/PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM, "Summit" or the
"Company"), a leading vertically integrated construction materials
company, is pleased to announce the appointment of Marshall Moore as EVP, Chief Operations Officer
effective January 4, 2024. Moore
brings to this newly created role a 35-year track record of success
in manufacturing and supply chain management, business process,
operational excellence, product innovation, public affairs,
strategy and business development.
Prior to joining Summit, Moore served as Chief Technology
Officer ("CTO") and President, Americas at Synthomer, and senior
vice president of operations and CTO with OMNOVA Solutions. He has
35 years' experience in polymers and specialty chemicals, working
with Borden Chemicals, GE Plastics and Chemtura. Moore spent 14
years at GE in progressively senior positions, culminating with a
role as Global Technology Leader and Commercial Master Black
Belt. He has held leadership positions in technology
and innovation, quality assurance and process excellence,
operations, government affairs and advocacy, marketing and
information technology.
"Summit is accelerating its efforts to deliver its next phase of
growth and value creation by expanding its materials-led Elevate
Strategy, particularly through larger contributions from aggregates
and cement," commented Anne Noonan,
President and CEO of Summit Materials. "We need a leader who will
take our operating performance to the next level by reducing cost
and complexity across our business while boosting plant uptime and
maximizing efficiency. Marshall's experience deploying
transformational change with targeted outcomes, defining and then
driving standards of excellence to deliver tangible results are
well known and respected. We are thrilled to welcome him to
our executive team."
As EVP, Chief Operations Officer, Moore will enhance Summit's
operational excellence capabilities with responsibility for
manufacturing and supply chain excellence, information technology
and lean processes to drive value across all lines of
business. In addition, Moore will be responsible for the team
integrating Summit's acquisition of Argos USA, where he will provide battle-tested
expertise on delivering synergies, streamlining performance and
fostering collaboration to drive returns. Moore holds a
Bachelor's degree in Chemistry from Marietta
College and is an ASQ Certified Six Sigma Black Belt.
"I am energized and enthusiastic to join Summit at an inflection
point for its materials-led growth in aggregates and cement," said
Moore. "The Elevate Strategy, with its focus on reducing leverage,
driving return on invested capital and increasing EBITDA margins,
provides clear measures of success. I look forward to making
meaningful contributions to Summit as we intensify our efforts to
achieve those Elevate goals."
About Summit Materials, Inc.
Summit Materials is a leading vertically integrated
materials-based company that supplies aggregates, cement, ready-mix
concrete and asphalt in the United
States and British Columbia,
Canada. Summit is a geographically diverse, materials-based
business of scale that offers customers a single-source provider of
construction materials and related downstream products in the
public infrastructure, residential and non-residential end markets.
Summit has a strong track record of successful acquisitions since
its founding and continues to pursue growth opportunities in new
and existing markets. For more information about Summit Materials,
please visit www.summit-materials.com.
Contact Information
Andy Larkin
VP, Investor Relations
Summit Materials, Inc.
andy.larkin@summit-materials.com
720-618-6013
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SOURCE Summit Materials, Inc.