secwatch.observer — SEC 8-K summary
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Issuer:     MYR GROUP INC. (MYRG)
CIK:        0000700923
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000700923-24-000002
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700923/000070092324000002/0000700923-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700923/000070092324000002/myrg-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000700923-24-000002

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