MYR Group announces C&I COO succession: Waneka retiring, Egan promoted effective May 1

MYR GROUP INC.

Jeff Waneka to retire as SVP and COO of C&I segment effective May 1, 2023; will advise up to 3 months.
Don Egan appointed SVP and COO C&I effective May 1, promoted from Group VP C&I since Jan 2017.
Egan's base salary set at $390,000; automatic annual renewal with non-compete and confidentiality covenants.
Severance: 2x base + target bonus (3x within 1 year of change of control) plus COBRA for 24 months.
Both Waneka and Egan have 32 years of service with MYR Group and its subsidiaries.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jeffrey J. Waneka

Senior Vice President and Chief Operating Officer of the Commercial and Industrial segment

MYRG · MYR GROUP INC.

Effective: 2023-05-01
Successor: Don A. Egan
Filed: March 27, 2023, 7:59 PM ET

Jeffrey J. “Jeff” Waneka notified MYR Group Inc. (the “Company”) of his decision to retire as Senior Vice President and Chief Operating Officer of the Company’s Commercial and Industrial (“C&I”) segment, effective May 1, 2023

Appointed

Don A. Egan

Senior Vice President and Chief Operating Officer C&I

MYRG · MYR GROUP INC.

Effective: 2023-05-01
Filed: March 27, 2023, 7:59 PM ET

the Board of Directors of the Company appointed Don A. Egan, 52, to serve as Senior Vice President and Chief Operating Officer C&I, effective May 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey J. Waneka retired as Senior Vice President and Chief Operating Officer of the Commercial and Industrial segment at MYR GROUP INC..

Action: retired
Role: Senior Vice President and Chief Operating Officer of the Commercial and Industrial segment

Exact text from the filing

Jeffrey J. “Jeff” Waneka notified MYR Group Inc. (the “Company”) of his decision to retire as Senior Vice President and Chief Operating Officer of the Company’s Commercial and Industrial (“C&I”) segment, effective May 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Don A. Egan was appointed as Senior Vice President and Chief Operating Officer C&I at MYR GROUP INC..

Action: appointed
Role: Senior Vice President and Chief Operating Officer C&I

Exact text from the filing

the Board of Directors of the Company appointed Don A. Egan, 52, to serve as Senior Vice President and Chief Operating Officer C&I, effective May 1, 2023

View on SEC.gov

MYR GROUP INC. filing history →

Source: SEC EDGAR

accession 0000700923-23-000031

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