---
schema_version: "secwatch.filing_event.v1"
accession: "0000874238-24-000104"
form_type: "8-K"
ticker: "STRL"
cik: "0000874238"
company_name: "STERLING INFRASTRUCTURE, INC."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:56:18.508721+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sterling appoints Sharon Villaverde as CFO and CAO; Ballschmiede to retire later in 2024

## Summary
- Sharon Villaverde appointed CFO and CAO effective May 13, 2024; Ron Ballschmiede to retire later in 2024.
- Villaverde's base salary $500k; annual target bonus 75% of salary; equity target 115% of salary (40% RSUs, 60% PSUs).
- Villaverde previously VP Finance at Sterling since March 2024; prior CAO at Dycom Industries (2018-2024).
- Ballschmiede served as CFO since November 2015; will remain Executive VP for transition period.

## SEC filing metadata
- accession: 0000874238-24-000104
- form_type: 8-K
- ticker: STRL
- cik: 0000874238
- company_name: STERLING INFRASTRUCTURE, INC.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874238/000087423824000104/0000874238-24-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874238/000087423824000104/strl-20240511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874238-24-000104
- JSON: https://secwatch.observer/filing/0000874238-24-000104.json
- Plain text: https://secwatch.observer/filing/0000874238-24-000104.txt

## Key facts
- Executive change
  Sharon R. Villaverde was appointed as Chief Financial Officer and Chief Accounting Officer at STERLING INFRASTRUCTURE, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Chief Accounting Officer
  source text: On May 11, 2024, as part of its succession plan for Mr. Ballschmiede’s role, the Company’s Board of Directors appointed Sharon R. Villaverde as CFO and CAO and the Company’s principal financial officer and principal accounting officer, effective May 13, 2024 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/874238/000087423824000104/0000874238-24-000104-index.htm
- Executive change
  Ronald A. Ballschmiede departed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at STERLING INFRASTRUCTURE, INC..
  - Action: notified the Company of his plan to retire
  - Role: Executive Vice President, Chief Financial Officer and Chief Accounting Officer
  source text: On February 12, 2024, Ronald A. Ballschmiede, Executive Vice President, Chief Financial Officer (“CFO”) and Chief Accounting Officer (“CAO”) and the Company’s principal financial officer and principal accounting officer of Sterling Infrastructure, Inc. (the “Company”), notified the Company of his plan to retire in 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874238/000087423824000104/0000874238-24-000104-index.htm

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