---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-011051"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T22:01:13.093576+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-011051
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774925011051/0001437749-25-011051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774925011051/ppih20250325_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-011051
- JSON: https://secwatch.observer/filing/0001437749-25-011051.json
- Plain text: https://secwatch.observer/filing/0001437749-25-011051.txt

## Key facts
- Executive change
  Saleh Sagr was appointed as President at Perma-Pipe International Holdings, Inc..
  - Action: appointed
  - Role: President
  source text: On March 31, 2025, the Company appointed Saleh Sagr, age 55, as President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914122/000143774925011051/0001437749-25-011051-index.htm
- Executive change
  David Mansfield retired as President at Perma-Pipe International Holdings, Inc..
  - Action: retired
  - Role: President
  source text: Concurrent with this announcement, the Company has appointed Saleh Sagr as President, with Mr. Mansfield remaining as the Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914122/000143774925011051/0001437749-25-011051-index.htm
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914122/000143774925011051/0001437749-25-011051-index.htm

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