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C. Nye

Chairman, Chief Executive Officer & President, Martin Marietta Materials

Search every verified C. Nye interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ward Nye, chairman, president, and chief executive officer of Martin Marietta Materials, discussed the company’s second quarter 2026 results and raised full-year revenue guidance to $7.2 billion to $7.4 billion while reaffirming adjusted EBITDA guidance of $2.36 billion to $2.5 billion. He noted that the company divested over $525 million of EBITDA from cement and ready-mixed concrete assets, redeploying proceeds into aggregates and specialties businesses, and described the pending LNA transaction as having a compelling strategic fit, as lime production shares core competencies with the company’s aggregates operations. During the Q2 2026 earnings call, Nye highlighted strong year-to-date performance, stating that year-to-date organic cost of goods sold per ton rose 3% when excluding external pass-through freight, and expressed confidence in maintaining that cost guidance despite elevated diesel prices. He also addressed the specialties business, noting its outperformance in the quarter and its non-seasonal nature, which simplifies modeling. In earlier remarks from the Q4 2024 call, Nye expressed expectations that policy decisions from the Trump administration regarding infrastructure, tariffs, and interest rates would likely be constructive for the company’s operations, and indicated a measured approach to guidance due to uncertainty around monetary policy.

Recent appearances

Notable quotes

“We're going to be an aggregates-led company. We have strategic cement, we have targeted downstream. And if you look at the bottom portion of that slide, you're going to see some change there. And again, this change for us this year is very purposeful because part of what you see, if we're going back to 2024, we had about 2 million tons of cement. We had about 5 million cubic yards of readymix and 9 million tons of ho”

“We're going to have a strategy relative to go to market and production that's more aligned than it's ever been. We're going to be using data and analytics in ways that we haven't before and that we think will be industry-leading. And we think the combination of those two things will give us degrees of growth per unit that you've seen from us that will continue to outperform.”

“We're going to do better than that this time. We're looking at at least 250 basis points. That's an important place to start. And how are we going to do it? We're going to do it by utilizing data and analytics with this team of people that we have behind us to put ourselves into positions that we can make real time decisions on sales, real time decisions in operations to drive our business and move those levers relat”

“We've doubled our market cap every 5 years. Again, that's not by accident. That's good planning. Much of that's been driven by M&A and where we've chosen to grow and how we've chosen to grow.”

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