Martin Marietta Materials Management
Management criteria checks 2/4
Martin Marietta Materials' CEO is Ward Nye, appointed in Aug 2006, has a tenure of 17.67 years. total yearly compensation is $18.49M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $108.48M. The average tenure of the management team and the board of directors is 5.8 years and 7.8 years respectively.
Key information
Ward Nye
Chief executive officer
US$18.5m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 17.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.8yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Some Shareholders Feeling Restless Over Martin Marietta Materials, Inc.'s (NYSE:MLM) P/E Ratio
Apr 17
Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04Is There Now An Opportunity In Martin Marietta Materials, Inc. (NYSE:MLM)?
Mar 21Martin Marietta: An Impressive Investment Case, But Shares Appear Fully Valued
Mar 15Here's What Analysts Are Forecasting For Martin Marietta Materials, Inc. (NYSE:MLM) After Its Annual Results
Feb 27Martin Marietta Materials: Adding More Aggregates, But Issues Linger
Feb 13Here's Why Martin Marietta Materials (NYSE:MLM) Has Caught The Eye Of Investors
Jan 12Risks To Shareholder Returns Are Elevated At These Prices For Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 25Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Dec 07Martin Marietta Materials: Expensive Valuation, Negligible Dividend Yield
Dec 07We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Do Martin Marietta Materials' (NYSE:MLM) Earnings Warrant Your Attention?
Oct 06Time For An Upgrade For Martin Marietta Materials
Sep 22A Look At The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Sep 21Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Sep 03Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Martin Marietta Materials: Not A Buy Despite Good Growth Prospects
Jul 11Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
Jun 29Is Martin Marietta Materials, Inc. (NYSE:MLM) Worth US$427 Based On Its Intrinsic Value?
Jun 11Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
May 25Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24If EPS Growth Is Important To You, Martin Marietta Materials (NYSE:MLM) Presents An Opportunity
Mar 27Estimating The Intrinsic Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Mar 13Martin Marietta Materials: Revenue Growth Hides The Real Picture
Feb 22Martin Marietta Materials reports Q4 earnings; initiates FY23 outlook
Feb 15Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Feb 13Martin Marietta Materials: Valuation Still Remains Expensive For 2023
Feb 09These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention Today
Dec 18Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 04Martin Marietta Materials declares $0.66 dividend
Nov 10Martin Marietta Materials: Still Not The Greatest Opportunity Out There
Oct 28Is Now An Opportune Moment To Examine Martin Marietta Materials, Inc. (NYSE:MLM)?
Oct 26Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Is There An Opportunity With Martin Marietta Materials, Inc.'s (NYSE:MLM) 25% Undervaluation?
Sep 02Martin Marietta Materials raises dividend by 8% to $0.66/share
Aug 10Martin Marietta Materials Q2 2022 Earnings Preview
Jul 27Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
Jul 26Martin Marietta Materials (NYSE:MLM) Has A Pretty Healthy Balance Sheet
Jun 05Martin Marietta: A Play On Building Materials And Construction
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$18m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$961m |
| Mar 31 2023 | n/a | n/a | US$966m |
| Dec 31 2022 | US$13m | US$1m | US$856m |
| Sep 30 2022 | n/a | n/a | US$825m |
| Jun 30 2022 | n/a | n/a | US$789m |
| Mar 31 2022 | n/a | n/a | US$661m |
| Dec 31 2021 | US$15m | US$1m | US$702m |
| Sep 30 2021 | n/a | n/a | US$729m |
| Jun 30 2021 | n/a | n/a | US$768m |
| Mar 31 2021 | n/a | n/a | US$760m |
| Dec 31 2020 | US$13m | US$1m | US$720m |
| Sep 30 2020 | n/a | n/a | US$669m |
| Jun 30 2020 | n/a | n/a | US$623m |
| Mar 31 2020 | n/a | n/a | US$594m |
| Dec 31 2019 | US$12m | US$1m | US$611m |
| Sep 30 2019 | n/a | n/a | US$574m |
| Jun 30 2019 | n/a | n/a | US$506m |
| Mar 31 2019 | n/a | n/a | US$502m |
| Dec 31 2018 | US$9m | US$1m | US$469m |
| Sep 30 2018 | n/a | n/a | US$751m |
| Jun 30 2018 | n/a | n/a | US$722m |
| Mar 31 2018 | n/a | n/a | US$679m |
| Dec 31 2017 | US$9m | US$1m | US$711m |
Compensation vs Market: Ward's total compensation ($USD18.49M) is above average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Ward's compensation has increased by more than 20% in the past year.
CEO
Ward Nye (60 yo)
17.7yrs
Tenure
US$18,488,885
Compensation
Mr. C. Howard Nye, also known as Ward, has been the Chief Executive Officer and President of Martin Marietta Materials, Inc. since January 1, 2010 and August 10, 2006 respectively. Mr. Nye serves as Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 17.7yrs | US$18.49m | 0.30% $ 108.5m | |
| Executive VP & CFO | 6.7yrs | US$4.30m | 0.033% $ 12.0m | |
| Senior VP | 4.9yrs | US$2.31m | 0.0082% $ 3.0m | |
| Executive VP | 27.3yrs | US$5.28m | 0.097% $ 35.6m | |
| Senior Vice President of Strategy & Development | 2.7yrs | US$2.03m | 0.0043% $ 1.6m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 1.3yrs | no data | 0.0072% $ 2.6m | |
| President of Cement & Southwest Ready Mix | no data | no data | no data | |
| Senior Vice President of Enterprise Excellence | no data | no data | 0.0056% $ 2.1m | |
| East Division President | no data | no data | no data | |
| West Division President | no data | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
5.8yrs
Average Tenure
56yo
Average Age
Experienced Management: MLM's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.3yrs | US$18.49m | 0.30% $ 108.5m | |
| Independent Director | 7.9yrs | US$294.41k | 0.0067% $ 2.5m | |
| Lead Independent Director | 7.7yrs | US$346.55k | 0.018% $ 6.5m | |
| Independent Director | 22.3yrs | US$398.29k | 0.026% $ 9.4m | |
| Independent Director | 19.5yrs | US$349.97k | 0.018% $ 6.6m | |
| Independent Director | 3.9yrs | US$301.61k | 0.0032% $ 1.2m | |
| Independent Director | 5.4yrs | US$295.91k | 0.0054% $ 2.0m | |
| Independent Director | 16.2yrs | US$359.03k | 0.029% $ 10.5m | |
| Independent Director | 4.8yrs | US$276.72k | 0.0041% $ 1.5m | |
| Independent Director | 3.4yrs | US$282.34k | 0.0028% $ 1.0m |
7.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MLM's board of directors are considered experienced (7.8 years average tenure).