Dycom Industries Appoints New Director, Changes Audit Committee Chair
Ticker: DY · Form: 8-K · Filed: May 27, 2025 · CIK: 67215
Sentiment: neutral
Topics: board-changes, governance
TL;DR
Dycom board shakeup: McShane out, Satterfield in as director & Audit Chair.
AI Summary
Dycom Industries, Inc. announced on May 22, 2025, the departure of director Michael P. McShane and the election of new director Jeffrey S. Satterfield. The company also appointed Jeffrey S. Satterfield as the Chair of the Audit Committee, effective immediately. These changes are effective as of May 22, 2025.
Why It Matters
Changes in board composition and committee leadership can signal shifts in governance or strategic focus for the company.
Risk Assessment
Risk Level: low — This filing reports routine changes in board membership and committee assignments, which typically carry low immediate risk.
Key Players & Entities
- Dycom Industries, Inc. (company) — Registrant
- Michael P. McShane (person) — Departing Director
- Jeffrey S. Satterfield (person) — Newly Elected Director and Audit Committee Chair
FAQ
Who has departed from Dycom Industries' board of directors?
Michael P. McShane has departed from Dycom Industries' board of directors.
Who has been elected as a new director to Dycom Industries' board?
Jeffrey S. Satterfield has been elected as a new director to Dycom Industries' board.
What new role has Jeffrey S. Satterfield taken on?
Jeffrey S. Satterfield has been appointed as the Chair of the Audit Committee.
When were these changes effective?
These changes were effective as of May 22, 2025.
What is Dycom Industries' principal executive office address?
Dycom Industries' principal executive office is located at 300 Banyan Blvd., Suite 1101, West Palm Beach, FL 33401.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 27, 2025 by Michael P. McShane regarding DYCOM INDUSTRIES INC (DY).