SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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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
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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
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William F. Denson, III
Dated: December 12, 2006