-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T/w8iiK9vtob3RnfJ708rlHFoibx6xZxotN/AnLwQJmKQnFniao64NmctBzZwh1Z Itfo46t9NXJH36AsYSWboQ== 0001157523-06-012080.txt : 20061212 0001157523-06-012080.hdr.sgml : 20061212 20061212140302 ACCESSION NUMBER: 0001157523-06-012080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061212 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061212 DATE AS OF CHANGE: 20061212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VULCAN MATERIALS CO CENTRAL INDEX KEY: 0000103973 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 630366371 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04033 FILM NUMBER: 061271103 BUSINESS ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: 2052983000 MAIL ADDRESS: STREET 1: PO BOX 385014 CITY: BIRMINGHAM STATE: AL ZIP: 35238-5014 8-K 1 a5292837.txt VULCAN MATERIALS COMPANY 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ------------------------------------ FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 12, 2006 VULCAN MATERIALS COMPANY (Exact name of registrant as specified in its charter) New Jersey I-4033 63-0366371 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 1200 Urban Center Drive Birmingham, Alabama 35242 (Address of principal executive offices) (zip code) (205) 298-3000 Registrant's telephone number, including area code: Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: [] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02 Departure of Director or Principal Officers; Election of Directors; Appointment of Principal Officers. On December 12, 2006, Vulcan Materials Company announced certain changes within the senior management structure of the Company's Construction Materials Group. The changes are effective February 1, 2007. James W. Smack (63), Senior Vice President, Construction Materials Group, will retire effective February 1, 2007. G. M. (Mac) Badgett, III (57) will succeed Mr. Smack, and will retain the title Senior Vice President, Construction Materials Group, a position he has held since February, 1999. Mr. Badgett's increased responsibilities will include the Group's key support functions, which include marketing, procurement, safety, health, environmental, technical, geological, and operations and engineering services. He will also serve as senior advisor to all of the Company's Construction Materials divisions, and will promote the sharing of best practices among the divisions. The sons of Mr. Badgett and Mr. Smack are employed by Vulcan as a Senior Sales Representative, Midsouth Division, and a District Sales Manager, Mideast Division, respectively. The sons are not executive officers of Vulcan and their compensation and benefits were established in accordance with the compensation policies and practices applicable to Vulcan employees in comparable positions. Ronald G. McAbee (59), currently President of the Company's Western Division, has been named Senior Vice President, West. Mr. McAbee joined Vulcan in 1974 and served as President of Vulcan's Mideast Division before assuming his current position in 2004. Danny R. Shepherd has been named Senior Vice President, East. Mr. Shepherd rejoined Vulcan in 2002 as President of the Company's Southeast Division. Prior to that time he was President of Global Stone Corporation, having previously served at Vulcan in positions of increasing responsibility from 1973 to 1993. Mr. McAbee will oversee the management of Vulcan's Western, Midsouth and Midwest Divisions. Mr. Shepherd will oversee management of the Vulcan's Mideast, Southeast, Southern-Gulf Coast and Southwest Divisions. Item 9.01 Financial Statements and Exhibits. (c) Exhibits: Exhibit No. Description ----------- ----------- 99.1 Press release dated December 12, 2006 announcing the appointment of various executive officers. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized. VULCAN MATERIALS COMPANY (Registrant) By: /s/William F. Denson, III ---------------------------- William F. Denson, III Dated: December 12, 2006 EX-99.1 2 a5292837ex99_1.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 Vulcan Materials Company Announces Senior Executive Appointments BIRMINGHAM, Ala.--(BUSINESS WIRE)--Dec. 12, 2006--Vulcan Materials Company (NYSE: VMC) today announced important changes within the senior management structure of the Company's Construction Materials Group. The changes will be effective February 1, 2007. G. M. (Mac) Badgett, III (57) will continue his service to the Company as Senior Vice President, Construction Materials Group, with responsibilities for the Group's key support functions, which include marketing, procurement, safety, health, environmental, technical, geological, and operations and engineering services. He will also serve as senior advisor to all of the Company's Construction Materials divisions, and will promote the sharing of best practices among the divisions. Mr. Badgett will succeed James W. Smack (63), who has elected to retire. Prior to his most recent service as Senior Vice President, Construction Materials Group, Mr. Smack served as President of the Company's Western Division. Jim Smack joined Vulcan in 1982. Ronald G. McAbee (59), currently President of the Company's Western Division, has been named Senior Vice President, West. Mr. McAbee joined Vulcan in 1974 and served as President of Vulcan's Mideast Division before assuming his current position in 2004. Danny R. Shepherd has been named Senior Vice President, East. Mr. Shepherd rejoined Vulcan in 2002 as President of the Company's Southeast Division. Prior to that time he was President of Global Stone Corporation, having previously served at Vulcan in positions of increasing responsibility from 1973 to 1993. Mr. McAbee will oversee the management of Vulcan's Western, Midsouth and Midwest Divisions. Mr. Shepherd will oversee management of the Company's Mideast, Southeast, Southern-Gulf Coast and Southwest Divisions. Alan D. Wessel (48) has been named President of Vulcan's Western Division. Mr. Wessel joined Vulcan in 1992 and most recently served as Vice President and General Manager for the Southern California region of the Company's Western Division. Michael R. Mills (46) has been named President of the Company's Southeast Division. Mr. Mills joined Vulcan in 1991 and most recently served as Vice President and General Manager, West, for Vulcan's Midsouth Division. According to Vulcan's Chairman and Chief Executive Officer Donald M. James, "These appointments position the Company to have effective line management of our business in the years ahead and also create new opportunities for a number of our managers. Both Ron McAbee and Danny Shepherd have established track records as leaders of successful businesses over many years at Vulcan. As new division presidents, Alan Wessel and Michael Mills have great potential for continuing success as they take on additional responsibilities in our organization." Commenting on the service of Jim Smack and Mac Badgett, Mr. James stated, "It is with regret that we announce the retirement of Jim Smack. Jim has made immeasurable contributions to Vulcan's culture and profitability during his 25 years of service. We will miss him and wish him the best in retirement. "We are very fortunate to have an individual of Mac Badgett's talent and experience taking on the responsibilities previously held by Jim. Over his 36 years of service to Vulcan, Mac has distinguished himself as a person of great knowledge, expertise and wisdom. I am pleased that he will be serving in his new role, where his considerable talents will continue to make a great impact on the continuing success of the Company." Vulcan Materials Company, a member of the S&P 500 index, is the nation's foremost producer of construction aggregates and a major producer of other construction materials. For additional information about Vulcan Materials Company, see www.vulcanmaterials.com. CONTACT: Vulcan Materials Company, Birmingham Media Contact: David Donaldson, 205-298-3220 or Investor Contact: Mark Warren, 205-298-3220 -----END PRIVACY-ENHANCED MESSAGE-----