Granite Construction Inc. Announces Director Changes and New Officer Appointment
Ticker: GVA · Form: 8-K · Filed: May 16, 2025 · CIK: 861459
| Field | Detail |
|---|---|
| Company | Granite Construction INC (GVA) |
| Form Type | 8-K |
| Filed Date | May 16, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors
Related Tickers: GVA
TL;DR
Granite Construction (GVA) board shakeup: Director Hanna out, Zacharias in. Johnson named new General Counsel.
AI Summary
Granite Construction Inc. announced on May 16, 2025, the departure of director Robert E. Hanna, Jr. and the election of new director David L. Zacharias. The company also appointed Michael L. Johnson as Senior Vice President, General Counsel, and Corporate Secretary, effective May 20, 2025. These changes are effective as of May 16, 2025, with the exception of Mr. Johnson's appointment.
Why It Matters
Changes in board composition and executive leadership can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing reports routine changes in board membership and executive appointments, which are common corporate events and do not inherently indicate significant financial or operational risks.
Key Players & Entities
- Granite Construction Inc. (company) — Registrant
- Robert E. Hanna, Jr. (person) — Departing Director
- David L. Zacharias (person) — Newly Elected Director
- Michael L. Johnson (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- May 16, 2025 (date) — Effective date of report and director changes
- May 20, 2025 (date) — Effective date of Michael L. Johnson's appointment
FAQ
Who has departed from Granite Construction Inc.'s board of directors?
Robert E. Hanna, Jr. has departed from the board of directors.
Who has been elected as a new director for Granite Construction Inc.?
David L. Zacharias has been elected as a new director.
When is Michael L. Johnson's appointment as Senior Vice President, General Counsel, and Corporate Secretary effective?
Michael L. Johnson's appointment is effective May 20, 2025.
What is the filing date of this Form 8-K?
The filing date of this Form 8-K is May 16, 2025.
Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 16, 2025 by Robert E. Hanna, Jr. regarding GRANITE CONSTRUCTION INC (GVA).