Item 3. Legal Proceedings
ITEM 3 – LEGAL PROCEEDINGS
From time to time claims of various types are asserted against the Company arising out of its operations in the normal course of business, including claims relating to land use and permits, safety, health, and environmental matters (such as noise abatement, blasting, vibrations, air emissions, and water discharges). Such matters are subject to many uncertainties, and it is not possible to determine the probable outcome of, or the amount of liability, if any, from, these matters. In the opinion of management of the Company (which opinion is based in part upon consideration of the opinion of counsel), based upon currently-available facts, it is remote that the ultimate outcome of any litigation and other proceedings will have a material adverse effect on the overall results of the Company's operations, its cash flows, or its financial condition. However, management cannot assure that an adverse outcome in any of such litigation would not have a material adverse effect on the Company or its operating segments.
The Company was not required to pay any penalties in 2021 for failure to disclose certain “reportable transactions” under Section 6707A of the Internal Revenue Code.
See also “ Note O: Commitments and Contingencies ” of the “ Notes to Financial Statements ” of the Company’s consolidated financial statements included under Item 8, “Financial Statements and Supplemental Data,” of this Form 10-K and the “ Environmental Regulation and Litigation ” section included under Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” of this Form 10-K.
ITEM 4 – MINE SAFETY DISCLOSURES
The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K (17 CFR 229.104) is included in Exhibit 95 to this Form 10-K.
Form 10-K ♦ Page 30
SOAR to a Sustainable Future
Part I ♦ Information About Our Executive Officers
Information about our Executive Officers
The following sets forth certain information regarding the executive officers of Martin Marietta as of February 22, 2022:
Name
Age
Present Position
Year Assumed
Present Position
Other Positions and Other Business
Experience Within the Last Five Years
C. Howard Nye
59
Chairman of the Board;
2014
Chief Executive Officer;
2010
President;
2006
President of Aggregates
2010
Business;
Chairman of Magnesia
2007
Specialties Business
James A. J. Nickolas
51
Senior Vice President, Chief
Financial Officer
2017
Principal Accounting Officer (March-
May 2019); Head, Corporate Development
and Caterpillar Ventures, Caterpillar Inc.
(January-July 2017)
Roselyn R. Bar
63
Executive Vice President;
2015
General Counsel;
2001
Corporate Secretary
1997
Robert J. Cardin
58
Senior Vice President;
Controller, and
Chief Accounting Officer
2019
Vice President and Corporate Controller (March-May 2019); Chief Accounting Officer,
SWM International (2013-2019)
Craig M. LaTorre
54
Senior Vice President,
Chief Human Resource Officer
2019
Vice President, Human Resources
(July 2018-March 2019); Senior Vice
President and Chief Human Resources Officer
(2013-2018), Andeavor (formerly
known as Tesoro Corporation)
John P. Mohr
57
Senior Vice President,
2017
Vice President, Information Services (2015-2017)
Chief Information Officer
2015
Michael J. Petro
38
Senior Vice President,
Strategy & Development
2021
Vice President, Strategy and Development (2018-2021); Director, Strategy and Development (2015-2018)
SOAR to a Sustainable Future
Form 10-K ♦ Page 31
Part II ♦ Item 5 – Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
PART II