Primoris amends employment agreements for CEO, COO, CFO, and Chief Legal Officer

Primoris Services Corp

CEO Tom McCormick base salary $850k; bonus target 120% of base; severance 2x base (non-CIC) or 2.5x base+target (CIC).
COO John Moreno base $600k, bonus target 100%; severance 1x base (non-CIC) or 2x base+target (CIC).
CFO Ken Dodgen and CLO John Perisich each base $530k, bonus target 100%; same severance structure as Moreno.
Non-compete periods: 2 years for CEO, 1 year for others on for-cause termination; up to 30 months CEO/2 years others post-CIC.
Agreements dated April 1, 2022; replace prior agreements from 2016-2019.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.