Primoris Services Corporation Announces Results of Annual Meeting of Shareholders | Business
DALLAS–(BUSINESS WIRE)–May 4, 2022–
Primoris Services Corporation (NASDAQ GS:PRIM) (“Primoris” or the “Company”) today announced the results of the Company’s annual meeting of shareholders held on May 4, 2022 at 9:00 a.m. Central Time at the Company’s headquarters in Dallas, in Texas.
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Michael Ching, Director, Primoris Services Corporation, elected May 4, 2022 (Photo: Business Wire)
At the meeting, shareholders 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, Chairman and Principal Shareholder, Fieldstone Partners; Carla S. Mashinski, former Chief Financial Officer, Cameron LNG; Terry D. McCallister, former President and CEO, WGL Holdings, Inc. and Washington Gas; Thomas E. McCormick, President and CEO 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 President of the US Utilities Group for Sempra Energy.
Shareholders also approved the ratification of the selection of Moss Adams LLP as the Company’s registered independent public accounting firm for the year ended December 31, 2022.
The Primoris Services Corporation 2022 Employee Stock Purchase Plan has also been approved by shareholders and has been effective since May 5, 2022.
David L. King, Chairman of the Board, said, “I would like to thank our outgoing Board Member, Robert Tinstman, whose experience and industry guidance helped chart the course for Primoris. I also welcome our newest board member, Michael Ching, whose professional experience in equity research and communications engineering complements the existing strengths of our board.
“We thank our shareholders for their continued confidence in our strategy and management,” said Tom McCormick, President and CEO of Primoris. “We strive to earn that trust every day.”
Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services to the utility, power/renewable energy and pipeline services markets in the United States and Canada. The Company supports a diverse base of blue-chip customers with engineering, procurement, construction and maintenance services. The focus on multi-year master service agreements and increased presence in higher-margin, higher-growth markets, such as utility-scale solar installations, renewable fuels, transmission systems and electricity distribution and communication infrastructure, have also increased the company’s long-term potential. term growth. Additional information about Primoris is available at www.primoriscorp.com.
This press release contains certain forward-looking statements which reflect, when made, the Company’s expectations or beliefs regarding future events that involve risks and uncertainties, including the Company’s future performance. Forward-looking statements include all statements that are not historical facts and can be identified by words such as “anticipates”, “believes”, “could”, “estimates”, “expects”, “has intention to”, “may”, “plans”, “potential”, “predicts”, “plans”, “should”, “will”, “would” or similar expressions. Forward-looking statements include information regarding our possible or expected future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, regulatory effects and the economy in general. Forward-looking statements inherently involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. prospective. Actual results may differ materially due to a number of factors, including, among others, the risks described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and our other filings with the United States Securities and Exchange Commission (“SEC”). These documents are available on the SEC’s website at www.sec.gov. Given these risks and uncertainties, you should not place undue reliance on any forward-looking statements. Primoris undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. .
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CONTACT: Brook Wootton
Vice President, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
KEYWORD INDUSTRY: ENGINEERING UTILITIES OTHER CONSTRUCTION & REAL ESTATE MANUFACTURING ENERGY CONSTRUCTION & REAL ESTATE URBAN PLANNING
SOURCE: Primoris Services Corporation
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PUBLISHED: 04/05/2022 17:00/DISC: 04/05/2022 17:02