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Luck Cos. names president

Richard Luck is now president of Luck Cos., the Goochland-based construction aggregates and decorative stone producer announced Nov. 12 along with several other leadership changes.

Richard Luck is the fourth generation of the Luck family to take a leadership role at the company, which has three business units: Luck Stone, Luck Ecosystems, and Luck Real Estate Ventures. Charles Luck Jr. founded the company in 1923, and Charles Luck IV served as president and CEO prior to Richard Luck’s promotion.

Charles Luck IV will remain chairman and CEO as his son transitions into his new role as president.

“Having Richard by my side as we lead our century-old family business is one of my greatest joys,” Charles Luck IV said in a statement. “His unwavering commitment to our company’s values and our associates is inspiring — he continually seeks out ways to strengthen our culture and push the boundaries of what we can achieve.”

As president, Richard Luck will oversee the finance, human resources and growth departments, as well as Luck Stone, which produces crushed stone, sand and gravel. In September, the Goochland County Board of Supervisors unanimously approved Luck Stone’s expansion of its Rockville quarry operations to include 70 acres bordering Henrico County, despite objections from Henrico County supervisors and residents from both counties.

Luck was previously an executive vice president, and he’s worked for the family-owned company for almost 10 years, according to his LinkedIn profile. He holds a bachelor’s degree from Virginia Military Institute.

“Throughout my life,” Luck said in a statement, “many people, including my dad, have invested in my development, teaching me not just what we do but how we do it — with a culture rooted in care. … Ten years ago, we prepared for a major leadership transition by launching a succession program. Now, as that transition unfolds, I’m incredibly proud of the skilled, values-driven team stepping up.”

The company announced several other leadership changes as well. Doug Palmore has been named president of Luck Stone and will oversee its central and northern region, engineering and operations support and information technology.

John LeGore will transition to chief executive development officer. The company also named Joe Carnahan chief growth officer, a role in which he’ll oversee the leadership and creation of Luck’s next strategy planning cycle, the execution of its growth strategy and the South Carolina and Georgia operating regions.

John Pullen has transitioned to chief enterprise strategy officer. In that role, he’ll continue to lead merger and acquisition work and Luck Real Estate Ventures’ growth, as well as supporting the company’s growth strategy.

With more than 1,000 employees, Luck’s footprint spans Virginia, North Carolina, South Carolina and Georgia.

Luck Stone acquires N.C. company, 2 quarries

Goochland County-based crushed stone producer Luck Stone acquired North Carolina-based Ararat Rock Products Co. and its quarries in Mount Airy and Eden, the company announced Thursday.

Financial details of the transaction were not disclosed.

The acquisition expands Luck Stone’s presence in North Carolina beyond its quarry operation in Pittsboro. On Oct. 1, ownership transferred to Luck Stone, and the two quarries, Mount Airy and Eden Plant, are now open for business.

“The acquisition of Ararat Rock Products is incredibly meaningful to our organization as it represents tremendous growth opportunities for many, including our associates, customers and these great communities we are joining,” Luck Cos. President and CEO Charlie Luck said in a statement.

“Big Jim” Crossingham founded Ararat Rock Products in 1955. Third-generation family member James Crossingham most recently led the company.

“I am very proud of Ararat Rock Products and what our family has built over the last 66 years in this business,” Crossingham said in a statement. “Luck Stone is a first-rate outfit, and I feel strongly that I am leaving our customers and employees in the best of hands.”

In 2018, Luck Stone acquired the Will Oak quarry in Kershaw County, South Carolina, and the Stephens Industries quarry in Atlanta.

“Building on our recent growth momentum in South Carolina and Georgia, this exciting expansion in North Carolina is in direct alignment with our people-focused growth strategy, which drives us to pursue opportunities that allow us to make a positive impact on people and in communities where we conduct business,” Luck Cos. Chief Growth Officer John Pullen said in a statement.

Luck Stone produces crushed stone, sand and gravel and is the largest business of the family-owned Luck Cos., composed of Luck Stone, Luck Ecosystems and Luck Real Estate Ventures. Charles Luck Jr. founded Luck Cos. in 1923, and Charlie Luck IV leads the company today.