Arcosa, Inc. Announces Ronald J. Gafford Does Not Intend to Stand for Re-Election as Board of Director
March 01, 2024 at 04:18 pm EST
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Arcosa, Inc. announced on February 29, 2024, Ronald J. Gafford notified the Board of Directors (the ?Board?) of the company that he does not intend to stand for re-election at the Company?s 2024 Annual Meeting of Shareholders and will retire as a director and member of the Board. Accordingly, his Board service will end effective as of the date of the Company?s 2024 Annual Meeting of Shareholders on May 8, 2024. Mr. Gafford?s decision to retire from the Board is not the result of any disagreement with the Board or the Company on any matter related to the Company?s operations, polices, or practices.
Mr. Gafford intends to continue to serve on the Board and the Company?s Human Resources and Governance and Sustainability Committees until the expiration of his current term.
Arcosa, Inc. is a provider of infrastructure-related products and solutions. It operates through three segments: Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. Its Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment. It also manufactures concrete and steel poles for a range of infrastructure applications, including lighting, traffic, and electric distribution.