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Form 8-K · Current Report · Filed 2024-05-15

Sterling Infrastructure Announces CFO Transition

Sterling Infrastructure, Inc. announced on May 11, 2024, the appointment of Sharon R. Villaverde as its new Chief Financial Officer (CFO) and Chief Accounting Officer (CAO), effective May 13, 2024. Villaverde succeeds Ronald A. Ballschmiede, who will retire later in 2024 after serving in the CFO role since 2015. Villaverde, a Certified Public Accountant with over 30 years of experience, will lead the company's financial strategy and operations. The transition was made public via a press release on May 15, 2024, under Regulation FD Disclosure.

Filer
Sterling Infrastructure Inc. STRL · NASDAQ
Filed
Accession
0000874238-24-000104
CIK
0000874238
Signal
High impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$127.33

Next session

+2.1%

Since filing

+368.7%

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.

Exchange NASDAQ Industry Engineering & Construction Company website ↗

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