secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001193125-24-251277
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri Holdings appoints Chris Brown as President and CEO, succeeds interim CEO Paul Caudill
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- Chris Brown appointed President and CEO, effective Dec 3, 2024; also joins Board replacing William Fehrman.
- Brown brings experience as former CEO of EnerMech and Kentz Engineers & Constructors.
- Compensation includes $1.05M base salary, 110% target cash bonus, 275% LTI, $500k signing bonus, and $1.5M RSU.
- Interim CEO Paul Caudill steps down effective Dec 3 but remains as consultant.
- Board member William Fehrman resigns effective Dec 3, 2024, no disagreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524251277/0001193125-24-251277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000119312524251277/d910483d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-251277

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer