Dycom Industries (NYSE: DY) director to retire, board to shrink in 2026
Rhea-AI Filing Summary
Dycom Industries, Inc. reported that director Luis Avila‑Marco has informed the Board that he will not stand for reelection at the company’s 2026 Annual Meeting of Shareholders and will retire from the Board at that time. The company states that his decision is not due to any disagreement with Dycom on its operations, policies, or practices. Dycom currently expects to reduce the size of its Board from 10 to 9 members upon his retirement.
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FAQ
What board change did Dycom Industries (DY) disclose in this filing?
Dycom Industries disclosed that director Luis Avila‑Marco will not stand for reelection at the 2026 Annual Meeting of Shareholders and will retire from the Board at that meeting.
Why is Dycom director Luis Avila-Marco leaving the Board?
The filing states that Mr. Avila‑Marco decided not to stand for reelection and that his decision was not the result of any disagreement with Dycom on its operations, policies, or practices.
When will Luis Avila-Marco retire from Dycom Industries’ Board?
Mr. Avila‑Marco is expected to retire from the Dycom Industries Board as of the company’s 2026 Annual Meeting of Shareholders.
How will Dycom Industries’ Board size change after this retirement?
Dycom currently anticipates reducing the size of its Board from 10 to 9 members upon Mr. Avila‑Marco’s retirement at the 2026 Annual Meeting.
Did Dycom Industries report any disagreement with the departing director?
No. The company explicitly states that Mr. Avila‑Marco’s decision to retire was not due to any disagreement with Dycom on matters related to operations, policies, or practices.
What SEC item does this Dycom (DY) 8-K event relate to?
The event is disclosed under Item 5.02, which covers departures of directors or certain officers, elections of directors, appointments of certain officers, and compensatory arrangements of certain officers.