U.S. Concrete President and CEO Michael Harlan will step down later this year, the company announced. He will remain with the Houston-based producer while the board of directors searches for his replacement.
Harlan was a founding director of U.S. Concrete and was its chief financial officer from 1999-2004. Starting in 2003, he was also executive vice president and chief operating officer until he was named president and CEO in 2007.
"Serving as the CEO of U.S. Concrete has been one of the most rewarding experiences of my professional career," he said. "After completing the restructuring of U.S. Concrete's balance sheet in August 2010, I am very confident that the company is well positioned for the next stage of growth."
The producer was in Chapter 11 bankruptcy from April to August 2010. U.S. Concrete was No. 18 on the 2010 TCP 100 list of largest producers. Revenue totaled $455 million last year. It operates 102 ready-mix plants, seven precast plants, and seven aggregate facilities.
For more, visit www.us-concrete.com.