Summit Materials appoints new director

By |  January 20, 2016

summit-materials-logoSummit Materials’ board of directors named Anne Wade, who also serves on its audit committee, as its new independent director. Wade has more than 20 years of financial experience in infrastructure sectors, including the global building materials and construction industries.

“We are pleased to welcome [Wade] to our board of directors,” says Tom Hill, CEO of Summit. “She brings a tremendous amount of industry expertise and financial acumen, having served on multiple boards and invested in numerous construction-related companies. From her years spent at The Capital Group, she brings valuable insight to us as we continue to build our position in new and existing markets.”

From 1995 through 2012, Wade served as senior vice president and director of Capital International, which is a part of the investment management firm The Capital Group Companies. She is also a partner at Leaders’ Quest, an organization focused on culture, values and driving social and financial impact in major corporations. She currently serves on the board of directors of the John Laing Group and is a member of its remuneration committee.

“[Wade] is well positioned to thrive on our board, given our acquisitive history and her strong alignment with our guiding principles and shared common values as a company,” says Howard Lance, chairman of Summit. “We look forward to her positive impact on Summit.”

Summit Materials is a vertically integrated construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt in the United States and British Columbia. The company has completed more than 35 acquisitions since it was founded.

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