Vulcan Materials adds former WM CEO to board

Vulcan Materials Co., Birmingham, Alabama, the nation's largest producer of construction aggregates, has announced that it has elected David P. Steiner to its board of directors, effective immediately. Steiner will serve on Vulcan's Safety, Health and Environmental Affairs Committee and the Governance Committee. Steiner most recently served as CEO of Waste Management Inc., Houston, from 2004 to 2016. Waste Management provides waste management services in North America, including collection, transfer, recycling and resource recovery services as well as landfill disposal. He also currently serves on the board of directors of FedEx Corp.

"We are extremely pleased to welcome David to the board,” says J. Thomas Hill, Vulcan CEO. “He brings to Vulcan a wealth of expertise in business operations, land management, transportation and logistics, financial management and strategic planning."

Vulcan also announced that Elaine L. Chao has stepped down from the board after being confirmed by the U.S. Senate to serve as U.S. Secretary of Transportation. Secretary Chao joined Vulcan's board in February 2015.

Hill says, "I am so pleased to congratulate Secretary Chao on becoming the 18th U.S. Secretary of Transportation. Her insights into both the public and private sectors have been very valuable to Vulcan. We are most grateful for the contributions she has made to Vulcan and we wish her the very best as she leads the U.S. Department of Transportation."