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Michael W. Harlan, president and CEO of U.S. Concrete, will step down in 2011 after leading the company for the past four years, according to a March 29 announcement.
Harlan is a founding director of the Houston company and served as its CFO from May 1999 until November 2004. Beginning in April 2003, he assumed additional responsibility as executive VP and chief operating officer until he was named president and CEO in 2007. Harlan was instrumental in the strategic growth of the company and recently led U.S. Concrete through the most severe recession the construction industry has faced since the Depression, the announcement said.
"After having successfully completed 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 its growth,” Harlan said. “I appreciate the support this board of directors has given me as I make this transition in my career."
The board of directors has engaged Russell Reynolds Associates to assist in the search for a new CEO and named director Kurt Cellar to head the search committee.