Martin Marietta appoints new independent board member

US aggregates suppler 3746 Martin Marietta Materials has appointed Thomas Pike as an independent member to its board of directors.

The appointment, effective July 15, means the Martin Marietta Board is now comprised of 10 directors, five of whom have joined since 2016. Pike will serve on the company's management development and compensation committee.

He served as chief executive officer and a member of the board of directors of Quintiles Transnational Holdings from April 2016 until its merger in December 2016 with IMS Health. Before its merger with IMS, Quintiles had a network of more than 35,000 employees conducting business in approximately 100 countries.

Pike led Quintiles through a successful public offering and helped it grow into a Fortune 500 company. Under his leadership, Quintiles was named one of the world’s Most Ethical Companies in 2016. Prior to Quintiles, he spent 22 years at global professional services company Accenture, providing a range of services and solutions in strategy, consulting, digital, technology and operations, until December 2009.

At Accenture, Pike’s roles included serving as chief risk officer and managing director of the North America health and products business areas. He previously served as the global chief operating officer for Accenture’s resources operating group and had also served as Accenture’s chief strategy officer. Since leaving Accenture in December 2009 and until joining Quintiles in April 2012, Pike was involved with a number of start-ups in the technology and healthcare sectors. Early in his career, he was a consultant at McKinsey & Company.

Martin Marietta Materials chairman and CEO Ward Nye commented: “Tom brings significant experience in global M&A, strategic, operational, technology and risk management leadership to the Martin Marietta Board from his role as CEO and a member of the board of directors of Quintiles, a Fortune 500 company before its merger with IMS Health. In addition, Tom is familiar with both Colorado and North Carolina, key states in Martin Marietta’s business."

Martin Marietta is a member of the S&P 500 Index and supplies building materials, including aggregates, cement, ready mixed concrete and asphalt. Its network of operations spans 27 states, in addition to Canada and The Bahamas.