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Get MLM alertsMichael J. Petro is recorded as CFO at Martin Marietta Materials Inc (MLM). Martin Marietta Materials Inc reported in an 8-K filed August 4, 2026 that Michael J. Petro was appointed Executive Vice President, Chief Financial Officer, effective August 4, 2026. Martin Marietta Materials Inc reported in an 8-K filed July 8, 2025 that Michael J. Petro was appointed Senior Vice President and Chief Financial Officer, effective July 8, 2025. The proxy statement of Martin Marietta Materials Inc reports total compensation of $3,431,606 for Michael J. Petro in fiscal 2025, including a base salary of $510,910. Disclosed compensation is on record for 3 fiscal years. Michael J. Petro has spoken on 3 earnings calls and 1 other investor event across 1 company, most recently for Martin Marietta Materials Inc on July 30, 2026. Martin Marietta Materials Inc is classified in the Building Materials industry within the Basic Materials sector. Other leadership on record at Martin Marietta Materials Inc includes C. Howard Nye (CEO and Board Member), Robert J. Cardin (CFO), Christopher W. Samborski (COO) and 7 others.
“On August 4, 2026, Martin Marietta Materials, Inc. (the "Company") announced that the Company has promoted Michael J. Petro to Executive Vice President, Chief Financial Officer.”
“On July 7, 2025, Martin Marietta Materials, Inc. (the "Company") appointed Michael J. Petro, to serve as the Company's Senior Vice President and Chief Financial Officer, effective as of July 8, 2025 (the "Effective Date"), replacing Robert J. Cardin, who has served as the Company's Interim Chief Financial Officer since April 10, 2025.”
“Our core aggregates business generated record revenues of $1.5 billion, an increase of 16%.”
“The $13.5 billion purchase price implies an enterprise value to 2025 adjusted EBITDA multiple of approximately 15 times, inclusive of an expected $85 million of run rate cost synergies.”
“As Ward noted, our core aggregates business delivered record first quarter revenues of of $1.1 billion, up 14% year-over-year, driven by organic shipment growth of more than 7% and approximately one month of acquisition contributions.”
“Starting first with the full-year 2025 results, the continuing operations building materials business posted revenues of $5.7 billion, a 7% increase, and generated gross profit of $1.8 billion, an increase of 13% year over year.”
Building Materials · Basic Materials
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Martin Marietta Materials Inc (MLM) | Senior Vice President and Chief Financial Officer | $510,910 | $3,431,606 |
| 2024 | Martin Marietta Materials Inc (MLM) | Senior Vice President and Chief Financial Officer | $414,167 | $2,039,121 |
| 2023 | Martin Marietta Materials Inc (MLM) | Senior Vice President and Chief Financial Officer | $396,667 | $2,027,446 |
