Primoris Services Corporation
John P. Schauerman to Retire from Primoris Services Board
Summary
On March 12, 2026, John P. Schauerman informed Primoris Services Corporation that he would not be standing for re-election and would retire from the Company's Board of Directors upon the conclusion of the Company's 2026 Annual Meeting of Stockholders, expected to occur on April 30, 2026. The Company does not intend to seek a replacement for Mr. Schauerman's position at this time and plans to reduce the size of the Board to eight members, effective as of the Annual Meeting.
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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.
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