Vulcan Materials names Ronnie Pruitt as new CEO effective January 2026

BIRMINGHAM, Ala. - Vulcan Materials Company (NYSE:VMC), the nation’s largest producer of construction aggregates with a market capitalization of nearly $40 billion, announced Monday that Ronnie Pruitt will become Chief Executive Officer effective January 1, 2026. The company has demonstrated strong financial health, according to InvestingPro analysis, with $7.6 billion in revenue over the last twelve months. Pruitt, currently serving as Chief Operating Officer, will also join the company’s Board of Directors.

Current Chairman and CEO Tom Hill will transition to the role of Executive Chairman of the Board when Pruitt assumes the CEO position.

Pruitt, 55, brings over three decades of experience in the building materials industry. He joined Vulcan in August 2021 following the company’s acquisition of U.S. Concrete, where he served as CEO. Since August 2023, he has been Vulcan’s Chief Operating Officer, overseeing the company’s operational and commercial strategies.

"Ronnie is the ideal person to lead Vulcan’s future growth and innovation," said Hill in the press release. "He is an experienced executive with deep expertise across the strategic, operational, and commercial areas of our business."

Grayson Hall, lead independent director, described the leadership change as "the culmination of a thoughtful, thorough, and structured succession planning process."

Before becoming COO, Pruitt served as Senior Vice President for Vulcan’s Southwest and Western Divisions. He has also held board positions with the National Stone, Sand and Gravel Association, the National Ready Mixed Concrete Association, and the American Cement Association.

Vulcan Materials Company, headquartered in Birmingham, Alabama, is a member of the S&P 500 Index and supplies construction aggregates including crushed stone, sand, and gravel. The company also produces aggregates-based construction materials such as asphalt and ready-mixed concrete.

In other recent news, Vulcan Materials Company reported its second-quarter 2025 earnings, which fell short of expectations. The company announced an earnings per share (EPS) of $2.45, missing the forecasted $2.60, and recorded a revenue of $2.1 billion, below the anticipated $2.21 billion. Stifel responded to these results by lowering its price target for Vulcan Materials to $306 from $309, citing weather impacts on aggregates volume. Despite the reduced price target, Stifel maintained a Buy rating on the stock. Fitch Ratings upgraded Vulcan Materials’ Long-Term Issuer Default Rating to ’BBB+’ from ’BBB’, highlighting the company’s strong EBITDA and free cash flow margins. This upgrade reflects Vulcan’s robust financial flexibility and leading market position. Additionally, Vulcan Materials declared a quarterly dividend of $0.49 per share, payable on November 25, 2025, to shareholders of record as of November 10, 2025. These developments provide a snapshot of the company’s recent financial and strategic activities.

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