MYR Group announces retirement of T&D COO Tod Cooper, appoints Brian Stern effective March 1, 2024

MYR GROUP INC.

Tod M. Cooper retires as SVP and COO of T&D segment effective March 1, 2024; will stay as senior advisor for up to 90 days.
Brian K. Stern, 53, appointed as SVP and COO T&D effective March 1, 2024; has 19 years of service with MYR Group.
Stern expected to receive base salary of $450,000/year, participate in incentive plans, and two times salary+bonus severance for without-cause termination.
Cooper has 33 years of service; retirement part of long-term succession plan.

item 5.02 item 9.01

Executive movements

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

Appointed

Brian K. Stern

Senior Vice President and Chief Operating Officer T&D

MYRG · MYR GROUP INC.

Effective: 2024-03-01
Filed: January 25, 2024, 6:59 PM ET

On January 25, 2024, the Board of Directors of the Company appointed Brian K. Stern, 53, to serve as Senior Vice President and Chief Operating Officer T&D, effective March 1, 2024.

Departed

Tod M. Cooper

Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment

MYRG · MYR GROUP INC.

Effective: 2024-03-01
Successor: Brian K. Stern
Filed: January 25, 2024, 6:59 PM ET

On January 25, 2024, as part of a planned leadership succession process, Tod M. Cooper notified MYR Group Inc. (the “Company”) of his decision to retire from his position as Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment (“T&D”) of the Company, effective March 1, 2024 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian K. Stern was appointed as Senior Vice President and Chief Operating Officer T&D at MYR GROUP INC..

Action: appointed
Role: Senior Vice President and Chief Operating Officer T&D

Exact text from the filing

On January 25, 2024, the Board of Directors of the Company appointed Brian K. Stern, 53, to serve as Senior Vice President and Chief Operating Officer T&D, effective March 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tod M. Cooper retired as Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment at MYR GROUP INC..

Action: retired
Role: Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment

Exact text from the filing

On January 25, 2024, as part of a planned leadership succession process, Tod M. Cooper notified MYR Group Inc. (the “Company”) of his decision to retire from his position as Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment (“T&D”) of the Company, effective March 1, 2024 (the “Effective Date”).

View on SEC.gov

MYR GROUP INC. filing history →

Source: SEC EDGAR

accession 0000700923-24-000002

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