Primoris Services Corporation
Primoris Services Corp Announces New Interim CEO
Summary
On March 14, 2025, Primoris Services Corporation announced the resignation of its CEO, Tom McCormick, and the appointment of David King as Interim President and CEO. Mr. King succeeds Mr. McCormick, who left the company effective March 20, 2025. Mr. McCormick received severance benefits as outlined in his Separation and Release of Claims Agreement, which is filed as Exhibit 10.1. Additionally, Jeremy Kinch was promoted to Chief Operating Officer.
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Exhibits (2)
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About Primoris Services Corporation
Primoris Services Corporation is a prominent player within the construction and infrastructure sector, primarily serving the North American markets. The company focuses on delivering a broad range of specialized services including engineering, procurement, construction, and maintenance. Its operations span multiple industries such as power, petrochemical, water, and telecommunications, providing essential infrastructure solutions crucial for societal development and economic growth. Primoris plays a vital role in supporting large-scale projects for private and public sector clients, addressing the increasing demand for sustainable and efficient infrastructure. Founded in 1960 and headquartered in Dallas, Texas, the corporation is recognized for its capacity to manage complex construction projects through innovation and strategic execution. In the financial market, Primoris Services Corporation is regarded as a significant entity within the industrial sector, contributing to infrastructure modernization and fostering technological advancements across its platform, thus ensuring reliable service delivery and robust client satisfaction.
Official SEC Documents
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