Martin Marietta Materials announced that James A.J. Nickolas has resigned from his position as Chief Financial Officer. His departure is effective immediately. The company did not provide specific reasons for Mr. Nickolas's resignation in this announcement.
In response to the vacancy, Robert J. Cardin has been appointed as the company's interim Chief Financial Officer. Mr. Cardin previously served as Senior Vice President, Controller, and Chief Accounting Officer for Martin Marietta.
The appointment of an interim CFO indicates a temporary leadership structure in the finance department while the company conducts a search for a permanent successor. This change in executive leadership is a material event for the company's operational and financial oversight.
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