STOCK TITAN

Cardinal Infrastructure Group Strengthens Operational Leadership Across its Footprint

Cardinal Infrastructure Group (Nasdaq: CDNL) announced two key leadership moves: promoting Marisa Hodes to Vice President of the Carolinas and formally appointing Chace Adams as Safety Director.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Cardinal Infrastructure Group (Nasdaq: CDNL) announced two key leadership moves: promoting Marisa Hodes to Vice President of the Carolinas and formally appointing Chace Adams as Safety Director.

Hodes has overseen over $550 million in site development work, while Adams now leads a safety team of more than 10 professionals across the Southeast.

Loading...
Loading translation...

Positive

  • Promotion of Marisa Hodes to Vice President of the Carolinas after managing and overseeing over $550 million in projects
  • Formal appointment of Chace Adams as Safety Director leading a safety team of more than 10 professionals
  • Expanded leadership focus on operations, business development and execution across the Carolinas region
  • Company highlights that investment in talent supports growth, retention and performance

Negative

  • None.
Argus May 21 session
-4.01% close to close Open Argus
Details

News Market Reaction – CDNL

On May 21, the day this news came out, CDNL closed 4.01% below the previous close.

Data tracked by StockTitan Argus for the May 21 session.

Key Figures

Projects managed: $250 million Projects overseen: $300 million Promotions: 4 promotions +5 more
Projects managed
$250 million
Site development projects personally managed by Hodes since 2021
Projects overseen
$300 million
Additional site development volume overseen as Project Executive
Promotions
4 promotions
Career path from Assistant Project Manager to Vice President
Team size
More than 10 professionals
Full-time safety team across the Southeast
Current price
$52.12
Pre-news price level on publication date
Daily move
6.17%
24-hour price change prior to this leadership announcement
52-week range
$21.98–$63.18
Stock trading 137.12% above low and 17.51% below high
Market cap
$779,942,184
Equity value prior to this news

Historical Context

5 past events · Latest: May 19
5 events
  1. May 19

    Conference participation

    24h Move
    -3.8%

    Announced participation in upcoming investor conferences and webcast access.

  2. May 12

    Earnings beat/guide

    24h Move
    -5.4%

    Strong Q1 2026 results and higher 2026 revenue and margin outlook.

  3. Apr 28

    Earnings call setup

    24h Move
    -0.1%

    Scheduled Q1 2026 earnings release and conference call logistics.

  4. Apr 9

    New contract win

    24h Move
    +2.1%

    Awarded $24 million contract for multi-phase data center campus work.

  5. Mar 20

    Management change

    24h Move
    -0.5%

    Named President of the Carolinas to oversee regional operations and growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

RALEIGH, N.C., May 21, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc., (Nasdaq: CDNL) announced today the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointment of Chace Adams as Safety Director, recognizing two leaders whose work has shaped Cardinal's growth across the Southeast.

"Marisa and Chace are incredible leaders and exemplify what makes Cardinal great," said Jeremy Spivey, Chairman and Chief Executive Officer. "Marisa's promotion reflects five years of real results and Chace has built a safety culture that makes everything else we do possible. Investing in and developing our team members across the organization shows up in our growth, retention and performance. Marisa and Chace are exactly what that looks like."

Hodes joined Cardinal Civil Contracting in 2021 as an Assistant Project Manager and has been promoted four times in less than five years; Project Manager, Senior Project Manager, Project Executive and now Vice President. Over that time, she personally managed more than $250 million in site development projects and oversaw an additional $300 million as Project Executive. In her new role, she will lead operations, business development and project execution across the Carolinas, reporting to Erik West, President of the Carolinas.

"I've worked closely with Marisa, and watching her rise to Vice President of the Carolinas has been a privilege," West said. "She brings sharp judgment, real ownership and the kind of leadership people want to follow. We have real momentum in the Carolinas, and Marisa is exactly the person to help us build on it."

Adams, also with Cardinal Civil since 2021, oversees the development and implementation of safety programs for the organization, managing a team that now includes more than 10 full-time professionals across the Southeast. His appointment as Safety Director formalizes the leadership role he has long held and recognizes the culture of safety he has embedded across Cardinal's operations.

"Chace has built a program across our footprint that is centered on a rigorous commitment to safety, better positioning us to win diverse work and execute on tighter timelines," said Benji Wood, Chief Operating Officer. "As we expand, that foundation is what allows us to continue to perform complex work at scale."

About Cardinal
Cardinal Infrastructure Group (NASDAQ: CDNL) is one of the Southeast's fastest‑growing, full‑service infrastructure service providers. The company delivers integrated civil and site‑development solutions across high‑growth markets through a self‑performing model supported by skilled labor, specialized fleets and market‑leading subsidiaries. This model enables efficient turnkey project execution at scale while maintaining focus on building long-term client relationships. Cardinal's strategy is grounded in operational discipline, market expansion and a commitment to Integrity from the Ground Up.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cardinal-infrastructure-group-strengthens-operational-leadership-across-its-footprint-302779185.html

SOURCE Cardinal Infrastructure Group Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership changes did Cardinal Infrastructure Group (CDNL) announce on May 21, 2026?

Cardinal Infrastructure Group promoted Marisa Hodes to Vice President of the Carolinas and formally appointed Chace Adams as Safety Director. According to Cardinal Infrastructure Group, these moves recognize leaders who have shaped the company’s growth and safety culture across the Southeast.

Who is Marisa Hodes and what is her new role at Cardinal Infrastructure Group (CDNL)?

Marisa Hodes is the new Vice President of the Carolinas at Cardinal Infrastructure Group. According to Cardinal Infrastructure Group, she joined in 2021 and has since held four roles while managing and overseeing more than $550 million in site development projects.

How much project work has Marisa Hodes overseen at Cardinal Infrastructure Group (CDNL)?

Marisa Hodes has personally managed more than $250 million and overseen an additional $300 million in site development projects. According to Cardinal Infrastructure Group, this experience underpins her promotion to Vice President of the Carolinas, leading operations and business development across the region.

What are the responsibilities of the new Safety Director at Cardinal Infrastructure Group (CDNL)?

As Safety Director, Chace Adams oversees development and implementation of safety programs across Cardinal Infrastructure Group. According to Cardinal Infrastructure Group, he manages a team of more than 10 full-time safety professionals, supporting complex work execution on tighter timelines across the Southeast footprint.

How might the new Carolinas leadership affect Cardinal Infrastructure Group (CDNL) operations?

The new Vice President of the Carolinas will lead regional operations, business development and project execution. According to Cardinal Infrastructure Group, this role builds on existing momentum in the Carolinas and is intended to help the company expand and execute projects effectively in that market.

Why did Cardinal Infrastructure Group (CDNL) formalize the Safety Director role?

Cardinal Infrastructure Group formalized the Safety Director role to recognize long-standing safety leadership by Chace Adams. According to Cardinal Infrastructure Group, his safety program helps the company win diverse work and perform complex projects at scale with a rigorous commitment to safety.

Keep reading