---
schema_version: "secwatch.filing_event.v1"
accession: "0000861459-24-000037"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:48:41.021215+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Granite Construction names new CFO; prior CFO Lisa Curtis transitions to Senior Financial Advisor

## Summary
- Lisa Curtis resigned as EVP & CFO effective Sept 16, 2024; will serve as Senior Financial Advisor through March 31, 2025.
- Michele Woolsey appointed EVP & CFO effective Sept 16, 2024, with $500K base salary, $350K target annual incentive (prorated for 2024), and 130% LTIP target.
- Woolsey receives $100K time-based RSU grant vesting ratably over 3 years; vehicle allowance $1K/month.
- Curtis to receive base salary through March 31, 2025, full 2024 annual bonus (based on actual results), and pro-rated LTIP cash payouts for 2023-2025 and 2024-2026 cycles.
- Woolsey covered by Executive Retention and Severance Plan III with 2x severance multiple upon qualifying termination within 2 years after change in control.

## SEC filing metadata
- accession: 0000861459-24-000037
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/gva-20240916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000861459-24-000037
- JSON: https://secwatch.observer/filing/0000861459-24-000037.json
- Plain text: https://secwatch.observer/filing/0000861459-24-000037.txt

## Key facts
- Executive change
  Lisa Curtis departed as Executive Vice President, Chief Financial Officer at GRANITE CONSTRUCTION INC.
  - Role: Executive Vice President, Chief Financial Officer
  source text: On September 16, 2024, Lisa Curtis and the Company entered into a Separation and Transition Agreement (the “Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm
- Executive change
  Michele Woolsey was appointed as Executive Vice President, Chief Financial Officer at GRANITE CONSTRUCTION INC.
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer
  source text: Ms. Woolsey’s appointment as Executive Vice President, Chief Financial Officer of Granite Construction Incorporated (the “Company”) on September 16, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.