U.S. Concrete CEO Bill Sandbrook took an enormous risk when he decided to accept a leadership role at the company not long after it had filed bankruptcy. The year Sandbrook took over, U.S. Concrete shares were valued at a meagre $2.
Today, U.S. Concrete shares are valued at more than $76.35. The turnaround of the business — in a span of less than six years — is nothing short of miraculous.
In an exclusive podcast with Middle Market Executive, Sandbrook explains why he saw so much potential in U.S. Concrete and what steps he had to take to reverse the company’s fortunes. A West Point grad with more than a decade of service in the U.S. Army, he would have to lean on his military past and leadership to right the ship against the odds. He explains the sentiment of the company at the time and why he continued to pushed forward against a wall of doubt.
Tune in to hear his story!