secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0001193125-24-169197
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri Holdings CEO Bill Fehrman Resigns, Paul Caudill Appointed Interim CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/0001193125-24-169197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524169197/d809638d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-169197

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