Form 8-K · Current Report · Filed 2024-02-12
Sterling Infrastructure Announces Planned Retirement of CFO Ronald Ballschmiede
Sterling Infrastructure, Inc. announced on February 12, 2024, that Ronald A. Ballschmiede, its Executive Vice President, Chief Financial Officer, and Chief Accounting Officer, plans to retire in 2024. Mr. Ballschmiede will remain in his current role until a successor is appointed and assist in the transition process. The Company has a succession plan in place. A press release detailing the anticipated retirement was issued on the same day and is furnished as Exhibit 99.1.
- Filer
- Sterling Infrastructure Inc. STRL · NASDAQ
- Filed
- Accession
- 0000874238-24-000020
- CIK
- 0000874238
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$83.43
Next session
-4.7%
Since filing
+615.3%
Latest close
$596.77
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from STRL reporting the same item, with the next session's move:
Exhibits (1)
About Sterling Infrastructure Inc.
Sterling Infrastructure Inc. is a diversified infrastructure services company primarily focused on heavy civil engineering and construction services throughout the United States. This enterprise specializes in the development of transportation and water infrastructure, site development, and remediating hazardous waste sites. With operations encompassing key areas such as highways, bridges, railways, airports, and water containment and treatment facilities, Sterling Infrastructure Inc. plays a crucial role in bolstering the nation's foundational framework. The company's projects often involve collaborations with public sector entities, reflecting its significance in executing large-scale initiatives vital to urban development and environmental sustainability. As a company listed on a major stock exchange, Sterling Infrastructure Inc. is pivotal within the construction and engineering sectors, addressing both commercial and government needs and contributing substantially to economic growth and regional connectivity.
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