Primoris Services Corporation (NASDAQ GS: PRIM) announced the results of the Company’s Annual Meeting of Stockholders held on May 4, 2022, at 9:00 a.m. Central time at the Company’s headquarters in Dallas, Texas.
At the meeting, stockholders approved the election of nine directors. The directors are: David L. King, Chairman, Primoris; Michael E. Ching, Global Head of Investment Research, Evaluserve; Stephen C. Cook, President and Principal Stockholder, Fieldstone Partners; Carla S. Mashinski, former Chief Financial Officer, Cameron LNG; Terry D. McCallister, former Chairman and Chief Executive Officer, WGL Holdings, Inc. and Washington Gas; Thomas E. McCormick, President and Chief Executive Officer of Primoris; Jose R. Rodriguez, former senior audit partner at KPMG LLP; John P. Schauerman, former Executive Vice President of Corporate Development, Primoris; and Patricia K. Wagner, former Group President of U.S. Utilities for Sempra Energy.
The stockholders also approved the ratification of the selection of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.
Primoris Services Corporation’s 2022 Employee Stock Purchase Plan was also approved by stockholders and is in effect as of May 5, 2022.
David L. King, Chairman of the Board, said, “I want to thank our retiring board member, Robert Tinstman, whose industry experience and guidance have helped shape the path for Primoris. I also want to welcome our new board member, Michael Ching, whose career experience in both equities research and communications engineering complement our board’s existing strengths.”
“We thank our stockholders for their continued confidence in our strategy and management,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We strive to earn that trust every day.”
Preng & Associates assisted in the Board search.
Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.
Source Link: https://ir.prim.com/news-and-events/news-releases/2022/05-04-2022-220029728