CEO David Mansfield to retire by Nov 8, 2025; Saleh Sagr appointed President

Perma-Pipe International Holdings, Inc.

David Mansfield, 64, notified board of retirement as CEO on or before November 8, 2025.
Saleh Sagr, 55, appointed President effective March 31, 2025; will remain CEO until transition.
Sagr's employment agreement: $410k base salary, 75% target bonus, 100% long-term incentive target.
Adham Samir Sharkawy appointed SVP of MENA region to succeed Sagr.
Bylaws amended to bifurcate President and CEO roles and add COO function.

item 1.01 item 5.02 item 5.03 item 7.01 item 9.01

Executive movements

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Appointed

Saleh Sagr

President

PPIH · Perma-Pipe International Holdings, Inc.

Effective: 2025-03-31
Filed: April 4, 2025, 7:59 PM ET

On March 31, 2025, the Company appointed Saleh Sagr, age 55, as President.

Departed

David Mansfield

President

PPIH · Perma-Pipe International Holdings, Inc.

Effective: 2025-03-31
Successor: Saleh Sagr
Filed: April 4, 2025, 7:59 PM ET

Concurrent with this announcement, the Company has appointed Saleh Sagr as President, with Mr. Mansfield remaining as the Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Saleh Sagr was appointed as President at Perma-Pipe International Holdings, Inc..

Action: appointed
Role: President

Exact text from the filing

On March 31, 2025, the Company appointed Saleh Sagr, age 55, as President.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Mansfield retired as President at Perma-Pipe International Holdings, Inc..

Action: retired
Role: President

Exact text from the filing

Concurrent with this announcement, the Company has appointed Saleh Sagr as President, with Mr. Mansfield remaining as the Chief Executive Officer.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Perma-Pipe International Holdings, Inc.: Amended and restated bylaws to bifurcate the roles of President and Chief Executive Officer, with President serving as Chief Operating Officer (effective 2025-03-31).

Change: bylaw amendment
Effective: 2025-03-31

Exact text from the filing

To facilitate the newly created President officer role, the Company adopted amended and restated By-laws (the "By-laws"), effective March 31, 2025. The amendments provide for the bifurcation of the role of President and Chief Executive Officer, in which the role of President will serve in the capacity of Chief Operating Officer.

View on SEC.gov

89 governance changes filed in the last 30 days. Browse all governance changes →

Perma-Pipe International Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-011051

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