---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-169197"
form_type: "8-K"
ticker: "CTRI"
cik: "0001981599"
company_name: "Centuri Holdings, Inc."
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:57:54.554036+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Centuri Holdings CEO Bill Fehrman Resigns, Paul Caudill Appointed Interim CEO

## Summary
- Bill Fehrman steps down as President and CEO effective July 31, 2024 to become CEO of American Electric Power (Nasdaq: AEP).
- Paul Caudill, former NV Energy CEO and senior advisor, appointed interim CEO.
- Fehrman forfeits unvested restricted stock units and cash awards and must repay $2.0 million signing bonus.
- Caudill has received approximately $610,000 in compensation for consulting and advisory board roles since January 2023.
- Fehrman remains on Centuri's Board until a permanent CEO is identified.

## SEC filing metadata
- accession: 0001193125-24-169197
- form_type: 8-K
- ticker: CTRI
- cik: 0001981599
- company_name: Centuri Holdings, Inc.
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/0001193125-24-169197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/d809638d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-169197
- JSON: https://secwatch.observer/filing/0001193125-24-169197.json
- Plain text: https://secwatch.observer/filing/0001193125-24-169197.txt

## Key facts
- Executive change
  William J. Fehrman resigned as President and Chief Executive Officer at Centuri Holdings, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: On June 21, 2024, William J. Fehrman, the President and Chief Executive Officer of Centuri Holdings, Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) of his decision to resign as President and Chief Executive Officer, effective July 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/0001193125-24-169197-index.htm
- Executive change
  Paul J. Caudill was appointed as Chief Executive Officer at Centuri Holdings, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Until a permanent successor is identified, the Company has appointed Paul J. Caudill to serve as the Company’s interim Chief Executive Officer, effective July 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/0001193125-24-169197-index.htm

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