Orion Group Holdings appoints Gordon Scott Thanisch as CFO effective Sept 12, 2022

Orion Group Holdings Inc

Thanisch receives $425k base salary, eligible for annual target bonus of up to 75% of base.
Stub bonus of $100k if 2022 EBITDA reaches $25M and progress on replacing credit facility.
Equity awards: $360k in restricted stock and $240k in performance units, three-year vesting.
Severance: one year's base pay if terminated without cause or for good reason; 2.5x base + bonus during change of control protection period.
Thanisch previously CFO of a Texas commercial construction services company and a transport services firm.

item 5.02

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Appointed

Gordon Scott Thanisch

Executive Vice President, Chief Financial Officer and Treasurer

ORN · Orion Group Holdings Inc

Effective: 2022-09-12
Filed: August 31, 2022, 7:59 PM ET

Orion Group Holdings, Inc. (the “Company”) is pleased to announce that Mr. Gordon Scott Thanisch has accepted the Company’s offer of employment as Executive Vice President, Chief Financial Officer and Treasurer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Gordon Scott Thanisch was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Orion Group Holdings Inc.

Action: accepted offer of employment as
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

Orion Group Holdings, Inc. (the “Company”) is pleased to announce that Mr. Gordon Scott Thanisch has accepted the Company’s offer of employment as Executive Vice President, Chief Financial Officer and Treasurer.

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Source: SEC EDGAR

accession 0001402829-22-000050

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