U.S. Concrete Hires John E. Kunz As Chief Financial Officer

Investment Weekly News

By a News Reporter-Staff News Editor at Investment Weekly News -- U.S. Concrete, Inc. (NASDAQ: USCR) ("the "Company") announced that it has hired financial executive John E. Kunz to join the executive team as Senior Vice President and Chief Financial Officer. Mr. Kunz brings over 30 years of financial expertise to U.S. Concrete, including accounting, tax, finance, and capital markets experience. Mr. Kunz also has extensive experience in corporate governance compliance, public company reporting and internal controls.

"John is highly respected within the financial community and we are very pleased he is joining our Company during this stage of our growth," said William J. Sandbrook, President and Chief Executive Officer of U.S. Concrete, Inc. "He possesses all of the qualities we were looking for in our next CFO. He has extensive experience serving in executive and board positions in public companies, overseeing capital markets, accounting, tax, transactional work and leading finance teams. We are confident his skills and leadership will be valuable assets as we continue to execute our long-term growth strategy."

Mr. Kunz was most recently the Vice President, Corporate Controller and Principal Accounting Officer of Tenneco, Inc. (NYSE: TEN), a global manufacturer of automotive and commercial vehicle clean air and ride performance systems where he most recently was responsible for a team that handled all corporate and business unit accounting functions including consolidations, financial planning and analysis, and Securities and Exchange Commission reporting. Previously, he was the company's Vice President, Treasurer and Tax, and had responsibility for the capital structure and liquidity for the company as well as the global tax function. He also held positions in the finance departments at Great Lakes Chemical Corporation, Weirton Steel Corporation and KPMG LLP. Mr. Kunz is a member of the audit, compensation, and nominating and corporate governance committees of the board of directors of Wabash National Corporation, a diversified industrial manufacturing company.

Mr. Kunz holds a Master of Management in Finance from the Kellogg School of Management at Northwestern University, along with an undergraduate degree from The University of Notre Dame.

Mr. Kunz stated, "I am very excited to be joining the talented team at U.S. Concrete, an organization that has created significant value for its shareholders over the past 26 consecutive quarters. U.S. Concrete has built up top-tier positions in some of the most active construction markets in the country, and I look forward to using my deep financial experience to help us further solidify our presence in these markets and expand into new fundamentally strong regions throughout the country."