Primoris Services Corporation filed SEC Form 8-K: Leadership Update
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Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 12, 2026, John P. Schauerman informed Primoris Services Corporation (the “Company”) that he would not be standing for re-election and would voluntarily retire from the Company’s Board of Directors (the “Board”) upon the conclusion of the Company’s 2026 Annual Meeting of Stockholders, which is expected to occur on April 30, 2026 (the “Annual Meeting”). Mr. Schauerman’s decision to retire from the Board is not the result of any disagreement with the Company. He has served the Company in various executive roles including Chief Financial Officer from February 2008 to February 2009 and has been a valued member of the Board since 2016. The Company thanks Mr. Schauerman for his service and many contributions to the Company and the Board.
The Company does not intend to seek a replacement for Mr. Schauerman’s position at this time. In connection with Mr. Schauerman’s retirement as a director on the Board, the Board intends to authorize a reduction in the size of the Board to eight members, effective as of the Annual Meeting.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| PRIMORIS SERVICES CORPORATION |
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Dated: March 17, 2026 |
| By: | /s/ Kenneth M. Dodgen |
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| Kenneth M. Dodgen |
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| Executive Vice President, Chief Financial Officer |
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