---
schema_version: "secwatch.filing_event.v1"
accession: "0001402829-22-000019"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2022-04-12T23:59:59+00:00"
generated_at: "2026-06-26T07:53:21.212605+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Group Holdings names Austin Shanfelter Interim CEO; Stauffer steps down

## Summary
- Mark R. Stauffer separated as President, CEO, and board member effective April 6, 2022; consulting through June 30 at $13,900/week.
- Austin J. Shanfelter, Board Chairman, appointed Interim CEO and Interim CFO; Richard L. Daerr, Jr. named Lead Independent Director.
- Company reaffirms FY2022 adjusted EBITDA guidance of mid-$30 million range.
- Board initiates search for permanent CEO via executive search firm.
- Stauffer receives cash severance per employment agreement plus accelerated equity vesting for awards through Aug 31, 2022.

## SEC filing metadata
- accession: 0001402829-22-000019
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2022-04-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402829/000140282922000019/0001402829-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000140282922000019/orn-20220406x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402829-22-000019
- JSON: https://secwatch.observer/filing/0001402829-22-000019.json
- Plain text: https://secwatch.observer/filing/0001402829-22-000019.txt

## Key facts
- Executive change
  Austin J. Shanfelter was appointed as Interim Chief Executive Officer and Interim Chief Financial Officer at Orion Group Holdings Inc.
  - Action: appointed
  - Role: Interim Chief Executive Officer and Interim Chief Financial Officer
  source text: Effective April 6, 2022, the Board appointed Austin J. Shanfelter, age 64, as the Company’s Interim Chief Executive Officer and Interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402829/000140282922000019/0001402829-22-000019-index.htm
- Executive change
  Mark R. Stauffer departed as President, Chief Executive Officer, and Interim Chief Financial Officer at Orion Group Holdings Inc.
  - Action: separated
  - Role: President, Chief Executive Officer, and Interim Chief Financial Officer
  source text: Effective April 6, 2022, Mark R. Stauffer, the President, Chief Executive Officer, and Interim Chief Financial Officer, of Orion Group Holdings, Inc. (the “Company”), and a member of its Board of Directors separated from the Company in all capacities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402829/000140282922000019/0001402829-22-000019-index.htm
- Executive change
  Richard L. Daerr, Jr. changed role as Lead Independent Director at Orion Group Holdings Inc.
  - Action: designated
  - Role: Lead Independent Director
  source text: In connection with Mr. Shanfelter’s appointment, the Board has designated Richard L. Daerr, Jr., a current member of the Board, as Lead Independent Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402829/000140282922000019/0001402829-22-000019-index.htm

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