Matrix Service (NASDAQ: MTRX) subsidiary president resignation and interim plan

Rhea-AI Filing Summary

Matrix Service Company reported a leadership change at one of its subsidiaries. On December 30, 2025, Douglas J. Montalbano notified the company that he will resign as President of Matrix North American Construction, Inc., a union operating subsidiary, effective January 16, 2026. The company states that his resignation is not related to any dispute or disagreement with the subsidiary, its clients, or the parent company on matters related to operations, policies, or practices.

The President role at Matrix North American Construction will be filled on an interim basis by a current employee and officer of that subsidiary, who will report to Shawn Payne, President, Engineering & Construction of Matrix Service Company. This indicates continuity of leadership within the existing management team while a longer-term decision is considered.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 30, 2025

___________________ 

Matrix Service Company

(Exact Name of Registrant as Specified in Its Charter)

___________________ 

Delaware

001-15461

73-1352174

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

15 East 5th Street, Suite 1100, Tulsa, Oklahoma 74103

(Address of principal executive offices and zip code)

918-838-8822

(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 (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ 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, par value $0.01 per share			MTRX			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected to not 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. ☐

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

On December 30, 2025, Mr. Douglas J. Montalbano notified Matrix Service Company (the “Company”) that he is resigning his position as President of Matrix North American Construction, Inc. (“Matrix NAC”), a union operating subsidiary of the Company, effective January 16, 2026. The resignation of Mr. Montalbano is not related to any dispute or disagreement with Matrix NAC, its clients, or the Company on any matter related to our operations, policies or practice. The role of President of Matrix NAC will be filled on an interim basis by a current employee and officer of Matrix NAC, who will report to Mr. Shawn Payne, President, Engineering & Construction of 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.

Matrix Service Company

Dated: January 6, 2026

By:

/s/ Kevin S. Cavanah

Kevin S. Cavanah

Vice President and Chief Financial Officer

FAQ

What leadership change did Matrix Service Company (MTRX) disclose?

Matrix Service Company disclosed that Douglas J. Montalbano will resign as President of Matrix North American Construction, Inc., effective January 16, 2026.

When is Douglas J. Montalbano’s resignation effective at Matrix North American Construction?

Douglas J. Montalbano’s resignation as President of Matrix North American Construction, Inc. is effective January 16, 2026.

Did Matrix Service Company (MTRX) indicate any dispute related to the resignation?

The company stated that Mr. Montalbano’s resignation is not related to any dispute or disagreement with Matrix North American Construction, its clients, or Matrix Service Company regarding operations, policies, or practices.

How will Matrix North American Construction be led after the resignation?

The President role at Matrix North American Construction will be filled on an interim basis by a current employee and officer of the subsidiary, who will report to Shawn Payne, President, Engineering & Construction of Matrix Service Company.

What is Matrix North American Construction, Inc. within Matrix Service Company (MTRX)?

Matrix North American Construction, Inc. is described as a union operating subsidiary of Matrix Service Company.

Who is Shawn Payne in relation to Matrix Service Company (MTRX)?

Shawn Payne is the President, Engineering & Construction of Matrix Service Company and will oversee the interim President of Matrix North American Construction, Inc.