Great Lakes Dredge & Dock Corp. Board Changes
Ticker: GLDD · Form: 8-K · Filed: 2025-01-08T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, governance
Related Tickers: GLDD
TL;DR
GLDD board shakeup: Wild out, Joerger & Ryan in. New blood for the helm.
AI Summary
Great Lakes Dredge & Dock Corporation announced on January 5, 2025, a change in its board of directors. Specifically, Michael J. Wild resigned from his position as a director, and the company appointed two new directors, David E. Joerger and John T. Ryan, Jr., effective January 5, 2025. These changes are part of the company's ongoing governance adjustments.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing reports routine changes in board membership, which typically carry low immediate risk.
Key Players & Entities
- Great Lakes Dredge & Dock Corporation (company) — Registrant
- Michael J. Wild (person) — Resigning Director
- David E. Joerger (person) — Appointed Director
- John T. Ryan, Jr. (person) — Appointed Director
- January 5, 2025 (date) — Effective date of director changes
FAQ
Who resigned from the Great Lakes Dredge & Dock Corporation board?
Michael J. Wild resigned from the board of directors.
Who were appointed as new directors to the Great Lakes Dredge & Dock Corporation board?
David E. Joerger and John T. Ryan, Jr. were appointed as new directors.
When were the director changes effective for Great Lakes Dredge & Dock Corporation?
The changes were effective as of January 5, 2025.
What is the primary business of Great Lakes Dredge & Dock Corporation?
Great Lakes Dredge & Dock Corporation is in Heavy Construction other than building construction - Contractors.
What is the ticker symbol for Great Lakes Dredge & Dock Corporation?
The filing does not explicitly state the ticker symbol, but the company name is Great Lakes Dredge & Dock Corporation.
From the Filing
0000950170-25-003457.txt : 20250108 0000950170-25-003457.hdr.sgml : 20250108 20250108163014 ACCESSION NUMBER: 0000950170-25-003457 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250105 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250108 DATE AS OF CHANGE: 20250108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Great Lakes Dredge & Dock CORP CENTRAL INDEX KEY: 0001372020 STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 205336063 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33225 FILM NUMBER: 25518882 BUSINESS ADDRESS: STREET 1: 9811 KATY FREEWAY STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: (346) 359-1010 MAIL ADDRESS: STREET 1: 9811 KATY FREEWAY STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: Great Lakes Dredge & Dock Holdings Corp. DATE OF NAME CHANGE: 20060808 8-K 1 gldd-20250105.htm 8-K 8-K 0001372020 false 0001372020 2025-01-05 2025-01-05   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): January 5, 2025     Great Lakes Dredge & Dock Corporation (Exact name of registrant as specified in its charter)     Delaware 001-33225 (Commission File Number) 20-5336063 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.)     9811 Katy Freeway, Suite 1200 , Houston , TX 77024 (Address of principal executive offices) (Zip Code) ( 346 ) 359-1010 (Registrant’s telephone number, including area code)   (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:    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 $0.0001) GLDD Nasdaq Stock Market, LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to 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.   Expansion of Board of Directors and Election of New Director   On January 5, 2025, the Board elected Dana Armstrong as a director, effective immediately. Also on January 5, 2025, the Board increased the size of the Board from six to seven members. At this time, the Company has not made a determination regarding any Board committee assignments for Ms. Armstrong.   Since