Centuri Holdings Says Bill Fehrman Will Be Stepping Down As President And CEO To Take The CEO Role At American Electric Power; Paul Caudill Named To Interim Role

6/26/24 5:19:17 PM ET

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He will continue in his role as President and CEO of Centuri until July 31, 2024.

The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the CEO and prior Centuri advisory board member, to succeed him as Interim President and CEO.

Additionally, Fehrman will remain on Centuri's Board of Directors until the Company transitions to a permanent CEO.

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Recent Analyst Ratings for
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Company	Date	Price Target	Rating	Analyst
Centuri Holdings Inc. $CTRI	10/7/2024	$19.00 → $16.00	Neutral → Underweight	JP Morgan
American Electric Power Company Inc. $AEP	9/20/2024	$107.00	Hold	Jefferies
American Electric Power Company Inc. $AEP	8/6/2024	$96.00 → $97.00	Neutral → Underperform	BofA Securities
Centuri Holdings Inc. $CTRI	7/30/2024	$30.00 → $17.00	Buy → Neutral	UBS
Centuri Holdings Inc. $CTRI	6/27/2024	$26.00 → $21.00	Neutral → Underperform	BofA Securities
American Electric Power Company Inc. $AEP	6/6/2024	$73.00 → $86.00	Sell → Neutral	Ladenburg Thalmann
American Electric Power Company Inc. $AEP	3/11/2024	$86.00 → $83.00	Neutral → Sell	UBS
American Electric Power Company Inc. $AEP	3/8/2024	$75.50 → $73.00	Neutral → Sell	Ladenburg Thalmann

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Mr. Brown Brings Deep Experience in the Energy and Infrastructure Sectors Experienced CEO with Proven Track Record of Financial Performance through Organic Growth, M&A and Diligent Capital Allocation Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced its Board of Directors has appointed Christian ("Chris") Brown as President and Chief Executive Officer of Centuri, effective December 3, 2024. Mr. Brown will be appointed to the Centuri Board at that time. Mr. Brown succeeds Paul Caudill, who was appointed Interim President and CEO effective July 31, 2024. Brown brings expertise in lea
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Centuri Holdings, Inc. to Report Third Quarter 2024 Results on November 6, 2024
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced that it will report third quarter 2024 results on Wednesday, November 6, 2024. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the results and other business highlights. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, November 6, 2024 Time: 10:00 AM ET / 7:00 AM PT Telephone number: (800) 225-9448 International telephone number: Conference ID: (203) 518-9708
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Centuri Holdings Says Bill Fehrman Will Be Stepping Down As President And CEO To Take The CEO Role At American Electric Power; Paul Caudill Named To Interim Role

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