Centuri Holdings (CTRI) executive VP and strategy chief to resign in 2026

Rhea-AI Filing Summary

Centuri Holdings, Inc. reported that James W. Connell, Jr., its Executive Vice President and Chief Commercial and Strategy Officer, has decided to resign from his role. His resignation is effective January 31, 2026, giving the company time to manage the leadership transition in its commercial and strategy functions.

The company stated that Mr. Connell is leaving to pursue another opportunity and that his decision did not arise from any disagreement with Centuri Holdings. This emphasizes that the change is described as a personal career move rather than a response to internal conflict or strategic disputes.

Insights

Corporate governance and leadership transition analyst

Centuri reports the planned departure of a key executive overseeing commercial and strategy functions.

Centuri Holdings, Inc. disclosed that Executive Vice President and Chief Commercial and Strategy Officer James W. Connell, Jr. will resign effective January 31, 2026. This role touches both revenue-facing commercial activities and long-term strategic planning, so a transition here can affect how growth initiatives are evaluated and executed.

The company explains that Mr. Connell’s resignation is a personal decision to pursue another opportunity and explicitly notes it is not due to any disagreement with the company. That framing suggests the move is not being tied to disputes over policies or strategic direction. Subsequent disclosures may outline any succession plans or changes in responsibilities among existing executives.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 18, 2025

Centuri Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-42022			93-1817741
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

19820 North 7th Avenue, Suite 120, Phoenix, Arizona			85027
(Address of principal executive offices)			(Zip Code)

(623) 582-1235

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, $0.01 par value

CTRI

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 18, 2025, James W. Connell, Jr., Executive Vice President, Chief Commercial and Strategy Officer of Centuri Holdings, Inc. (the “Company”), informed the Company of his decision to resign as Executive Vice President, Chief Commercial and Strategy Officer, effective January 31, 2026. Mr. Connell’s resignation was a personal decision to pursue another opportunity and was not the result of any disagreement with the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			CENTURI HOLDINGS, INC.
Date: December 23, 2025			By:			/s/ Jason S. Wilcock
						Jason S. Wilcock
						Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary

FAQ

What leadership change did Centuri Holdings (CTRI) report?

Centuri Holdings, Inc. reported that James W. Connell, Jr., its Executive Vice President and Chief Commercial and Strategy Officer, has decided to resign from his role.

When will James W. Connell, Jr.’s resignation from Centuri Holdings (CTRI) become effective?

His resignation as Executive Vice President, Chief Commercial and Strategy Officer is effective on January 31, 2026.

Why is the Centuri Holdings (CTRI) executive James W. Connell, Jr. resigning?

The company states that Mr. Connell’s resignation was a personal decision to pursue another opportunity.

Did James W. Connell, Jr. have any disagreement with Centuri Holdings (CTRI) leading to his resignation?

No. Centuri Holdings states that his resignation was not the result of any disagreement with the company.

What position did James W. Connell, Jr. hold at Centuri Holdings (CTRI)?

He served as Executive Vice President, Chief Commercial and Strategy Officer of Centuri Holdings, Inc.

Does the disclosure mention any successor for the departing Centuri Holdings (CTRI) executive?

The disclosure only states Mr. Connell’s decision to resign and his effective resignation date; it does not describe a successor.