Martin Marietta Materials, Inc. announced that Anne H. Lloyd will retire as Executive Vice President and Chief Financial Officer of the company, effective mid-August, 2017. Ms. Lloyd will remain with the company through September to ensure a smooth transition. The Board of Directors has identified James A. J. Nickolas as Ms. Lloyd's successor, effective in mid-August.

He will serve as Senior Vice President and Chief Financial Officer and will report to C. Howard (Ward) Nye, Chairman, President and CEO. Mr. Nickolas most recently led the Corporate Development group at Caterpillar Inc., and previously served as Group Chief Financial Officer of the Resources Industries segment and the Global Mining division of Caterpillar.