Texas Industries, Inc announced that its Board of Directors has named Tom Ransdell as its Chairman of the Board following the untimely death of Bob Rogers on 11 June 2013.
Mr Rogers was the son of the founder of TXI, Ralph Rogers, and was CEO of the company from 1970 until 2004 when he retired. From 2004 until June 11, 2013 he served as Chairman of the Board of TXI. "His foresight to encourage and nurture innovation, creativity and employee empowerment laid a strong foundation that will allow the company and its shareholders to continue to grow and prosper," TXI said in a statement.
Mr Ransdell has been an independent director of TXI since 2005 and his new position took effect on 18 June 2013.
