Centuri Holdings Appoints New CFO, Elects Directors
Ticker: CTRI · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1981599
| Field | Detail |
|---|---|
| Company | Centuri Holdings, Inc. (CTRI) |
| Form Type | 8-K |
| Filed Date | Jun 26, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $2.0 million, $610,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, board-changes, cfo
TL;DR
Centuri Holdings names new CFO, McGovern, effective immediately. Board changes also announced.
AI Summary
Centuri Holdings, Inc. announced on June 21, 2024, the appointment of Michael J. McGovern as Chief Financial Officer, effective immediately. McGovern previously served as Interim CFO and brings extensive financial leadership experience to the role. The company also reported on the election of new directors and changes in its board composition.
Why It Matters
The appointment of a permanent CFO and changes in board composition can signal strategic shifts and impact the company's financial direction and governance.
Risk Assessment
Risk Level: low — This filing primarily concerns executive appointments and board changes, which are routine corporate governance events.
Key Players & Entities
- Centuri Holdings, Inc. (company) — Registrant
- Michael J. McGovern (person) — Chief Financial Officer
- June 21, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Centuri Holdings, Inc.?
Michael J. McGovern has been appointed as the new Chief Financial Officer of Centuri Holdings, Inc.
When was the appointment of the new Chief Financial Officer effective?
The appointment of Michael J. McGovern as Chief Financial Officer was effective June 21, 2024.
What was Michael J. McGovern's previous role at Centuri Holdings, Inc.?
Michael J. McGovern previously served as Interim CFO for Centuri Holdings, Inc.
What other key items are reported in this 8-K filing?
The filing also reports on the election of directors and changes in the board composition, as well as compensatory arrangements of certain officers.
What is the principal executive office address for Centuri Holdings, Inc.?
The principal executive offices of Centuri Holdings, Inc. are located at 19820 N 7th Avenue, Suite 120, Phoenix, Arizona 85027.
Filing Stats: 1,174 words · 5 min read · ~4 pages · Grade level 10.1 · Accepted 2024-06-26 17:21:00
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 per share par value CTRI New York S
- $2.0 million — . Fehrman will be required to repay the $2.0 million signing bonus paid to him upon commence
- $610,000 — Mr. Caudill has received approximately $610,000 in compensation for his services as a c
Filing Documents
- d809638d8k.htm (8-K) — 29KB
- d809638dex991.htm (EX-99.1) — 11KB
- 0001193125-24-169197.txt ( ) — 165KB
- ctri-20240621.xsd (EX-101.SCH) — 3KB
- ctri-20240621_lab.xml (EX-101.LAB) — 18KB
- ctri-20240621_pre.xml (EX-101.PRE) — 11KB
- d809638d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 99.1 Press Release of Centuri Holdings, Inc. dated June 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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: June 26, 2024 By: /s/ Gregory A. Izenstark Gregory A. Izenstark Executive Vice President and Chief Financial Officer