Primoris director to retire, Board cut to eight
Primoris Services Corporation disclosed that director John P. Schauerman will not stand for re-election and will voluntarily retire from the Board after the 2026 Annual Meeting of Stockholders, expected on April 30, 2026.
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Rhea-AI Filing Summary
Primoris Services Corporation disclosed that director John P. Schauerman will not stand for re-election and will voluntarily retire from the Board after the 2026 Annual Meeting of Stockholders, expected on April 30, 2026. The company states his decision is not due to any disagreement.
Schauerman previously served in executive roles, including as Chief Financial Officer from February 2008 to February 2009 and has been on the Board since 2016. Primoris does not plan to seek a replacement and expects to reduce the Board size to eight members effective as of the Annual Meeting.
8-K Event Classification
FAQ
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What Board change did Primoris Services Corporation (PRIM) announce?
When will John P. Schauerman retire from the Primoris (PRIM) Board?
Did John P. Schauerman’s retirement from Primoris (PRIM) involve a disagreement?
How will Primoris (PRIM) change the size of its Board of Directors?
Will Primoris (PRIM) appoint a new director to replace John P. Schauerman?
What roles has John P. Schauerman previously held at Primoris (PRIM)?
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