secwatch / observer

MYR GROUP INC. — fact timeline

Source-grounded facts extracted from MYR GROUP INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MYRG MYR GROUP INC. JSON
Earnings Releases

MYR GROUP INC. reported first-quarter 2026 results: revenue $1.00 billion, net income $46.8 million, EPS $2.99 per diluted share.

“construction markets in the United States and Canada, announced today its first-quarter 2026 financial results. Highlights for First Quarter 2026 • Quarterly revenues of $1.00 billion • Record quarterly net income of $46.8 million, or $2.99 per diluted share • Record quarterly EBITDA of $81.5 million • Record backlog of $2.84 billion Management Comments Rick”
Earnings Releases

MYR GROUP INC. reported first quarter 2024 (three months ended March 31, 2024) results: revenue $815.6 million, net income $18.9 million, EPS $1.12 per diluted share.

“construction markets in the United States and Canada, announced today its first-quarter 2024 financial results. Highlights for First Quarter 2024 • Quarterly revenues of $815.6 million • Quarterly net income of $18.9 million, or $1.12 per diluted share • Quarterly EBITDA of $39.8 million • Backlog of $2.43 billion Management Comments Rick Swartz, MYR’s”
Earnings Releases

MYR GROUP INC. reported full year of 2023 results: revenue $3.64 billion, net income $91.0 million, EPS $5.40 per diluted share.

“MYR reported record revenues of $3.64 billion for the full year of 2023”
Earnings Releases

MYR GROUP INC. reported three and twelve months ended December 31, 2023 results: revenue $1.00 billion, net income $24.0 million, EPS $1.43 per diluted share.

“markets in the United States and Canada, announced today its fourth-quarter and full year 2023 financial results. Fourth Quarter 2023 Highlights • Record quarterly revenues of $1.00 billion • Strong quarterly net income of $24.0 million, or $1.43 per diluted share • Record quarterly EBITDA of $52.8 million Full Year 2023 Highlights • Record full-year revenues of”

Brian K. Stern was appointed as Senior Vice President and Chief Operating Officer T&D at MYR GROUP INC..

“On January 25, 2024, the Board of Directors of the Company appointed Brian K. Stern, 53, to serve as Senior Vice President and Chief Operating Officer T&D, effective March 1, 2024.”

Tod M. Cooper retired as Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment at MYR GROUP INC..

“On January 25, 2024, as part of a planned leadership succession process, Tod M. Cooper notified MYR Group Inc. (the “Company”) of his decision to retire from his position as Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment (“T&D”) of the Company, effective March 1, 2024 (the “Effective Date”).”
Earnings Releases

MYR GROUP INC. reported third quarter 2023 results: net income net income was $21.5 million, EPS $1.28 per diluted share.

“MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its third-quarter and first nine-months 2023 financial results. Highlights for Third Quarter 2023 • Record quarterly revenues of $939.5 million • Quarterly net income of $21.5 million, or $1.28 per diluted share”
Earnings Releases

MYR GROUP INC. reported financial results for the three and six months ended June 30, 2023.

“On July 26, 2023, MYR Group Inc. issued a press release announcing its financial results for the three and six months ended June 30, 2023.”
Debt Financings

MYR GROUP INC. incurred revolving credit of $490 million with JPMorgan Chase Bank, N.A. and Bank of America, N.A. at Alternate Base Rate plus applicable margin ranging from 0.25% to 1.00%, or Term maturing five-year.

“On May 31, 2023, MYR Group Inc. (the “Company”) entered into a five-year third amended and restated credit agreement (the “Credit Agreement”) which provides a revolving credit facility of $490 million (the “Facility”) with a syndicate of banks led by JPMorgan Chase Bank, N.A. and Bank of America, N.A.”
Earnings Releases

MYR GROUP INC. reported the three months ended March 31, 2023 results: revenue $811.6 million, net income $23.2 million, EPS $1.38 per diluted share.

“Highlights for First Quarter 2023 • Quarterly revenues of $811.6 million • Quarterly net income of $23.2 million, or $1.38 per diluted share”
Governance Changes

MYR GROUP INC.: Reduction in the size of the Board of Directors from nine to eight directors and reduction in the size of Board Class II from three to two directors (effective 2023-04-21).

“ard approved a reduction in the size of the Board from nine directors to eight directors and a reduction in the size of Board Class II from three directors to two directors, effective April 21, 2023.”
Governance Changes

MYR GROUP INC.: Conforming amendments to the Company's By-Laws to effect a phased-in declassification of the Board over the next three years (effective 2023-04-20).

“In connection with the Charter Amendment, the Board approved conforming amendments to the Company’s By-Laws (the “By-Law Amendments”) to effect a phased-in declassification of the Board over the next three years, which amendments were contingent upon stockholder approval and implementation of the Charter Amendment.”
Governance Changes

MYR GROUP INC.: Amendment of Article FIFTH of Certificate of Incorporation to declassify the Board of Directors, phased in over three years (effective 2023-04-20).

“At the Annual Meeting, the Company’s stockholders approved the amendment of Article FIFTH of the Company’s Certificate of Incorporation to declassify the Board (the “Charter Amendment”). Pursuant to the Charter Amendment, the declassification of the Board will be phased in over the next three years, as described in MYR’s Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on March 6, 2023 (the “2023 Proxy Statement”).”
Shareholder Votes

MYR GROUP INC. shareholders approved Ratification of the Appointment of Our Independent Registered Public Accounting Firm at the 2023-04-20 meeting.

“Proposal 5. Ratification of the Appointment of Our Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Crowe LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Abstentions 14,442,365 11,709 6,183”
Shareholder Votes

MYR GROUP INC. shareholders approved Approval of the Amendment of Article Fifth of Our Certificate of Incorporation To Declassify the Board at the 2023-04-20 meeting.

“Proposal 4. Approval of the Amendment of Article Fifth of Our Certificate of Incorporation To Declassify the Board. The stockholders approved the amendment of Article FIFTH of our Certificate of Incorporation to phase out the classified Board so that the Board will be fully declassified from and after the election of directors at our 2026 Annual Meeting of Stockholders. Votes For Votes Against Abstentions Broker Non-Votes 13,832,070 15,394 3,877 608,916”
Shareholder Votes

MYR GROUP INC. shareholders approved Advisory Approval of the Frequency of the Advisory Approval of the Compensation of Our Named Executive Officers at the 2023-04-20 meeting.

“Proposal 3. Advisory Approval of the Frequency of the Advisory Approval of the Compensation of Our Named Executive Officers. The stockholders voted for the frequency of the advisory approval of the compensation of our named executives to be every one year. In accordance with the Board’s recommendation and in light of such vote, the Company determined that the advisory vote to approve the compensation of our named executive officers will be held every one year until the next required vote on the frequency of the advisory approval of the compensation of our named executives. Votes For Every One Year Votes For Every Two Years Votes For Every Three Years Abstentions Broker Non-Votes 12,672,509 2,384 1,159,114 17,334 608,916”
Shareholder Votes

MYR GROUP INC. shareholders approved Advisory Approval of the Compensation of Our Named Executive Officers at the 2023-04-20 meeting.

“Proposal 2. Advisory Approval of the Compensation of Our Named Executive Officers. The stockholders approved the resolution on executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 12,915,078 924,308 11,955 608,916”
Shareholder Votes

MYR GROUP INC. shareholders approved Election of Three Class I Director Nominees for Three-Year Terms at the 2023-04-20 meeting.

“Proposal 1. Election of Three Class I Director Nominees for Three-Year Terms. The stockholders elected three Class I director nominees, Kenneth M. Hartwick, Jennifer E. Lowry, and Richard S. Swartz, each to serve a three-year term expiring at the 2026 Annual Meeting of Stockholders or until his successor has been duly elected and qualified. Votes For Votes Against Abstentions Broker Non-Votes Kenneth M. Hartwick 13,303,279 544,170 3,892 608,916 Jennifer E. Lowry 13,681,313 167,042 2,986 608,916 Richard S. Swartz 13,675,395 171,789 4,157 608,916”

Maurice E. Moore retired as member of the board of directors at MYR GROUP INC..

“Maurice E. Moore notified the Company of his decision to retire as a member of the board of directors (the “Board”), effective as of April 21, 2023.”

Don A. Egan was appointed as Senior Vice President and Chief Operating Officer C&I at MYR GROUP INC..

“the Board of Directors of the Company appointed Don A. Egan, 52, to serve as Senior Vice President and Chief Operating Officer C&I, effective May 1, 2023”

Jeffrey J. Waneka retired as Senior Vice President and Chief Operating Officer of the Commercial and Industrial segment at MYR GROUP INC..

“Jeffrey J. “Jeff” Waneka notified MYR Group Inc. (the “Company”) of his decision to retire as Senior Vice President and Chief Operating Officer of the Company’s Commercial and Industrial (“C&I”) segment, effective May 1, 2023”
Earnings Releases

MYR GROUP INC. reported three and twelve months ended December 31, 2022 results: revenue $864.0 million, net income $24.6 million, EPS $1.46 per diluted share.

“in the United States and Canada, announced today its fourth-quarter and full year 2022 financial results. Fourth Quarter 2022 Highlights • Record high quarterly revenues of $864.0 million • Record high quarterly net income of $24.6 million, or $1.46 per diluted share • Record high quarterly EBITDA of $52.0 million Full Year 2022 Highlights • Record high full-year”

Kelly Huntington was appointed as Senior Vice President and Chief Financial Officer at MYR GROUP INC..

“the Board approved that from and after the Effective Date, Ms. Huntington will serve as Senior Vice President and Chief Financial Officer of the Company”

Betty R. Johnson retired as Senior Vice President and Chief Financial Officer at MYR GROUP INC..

“Betty R. Johnson notified the Board of Directors (the “Board”) of MYR Group Inc. (the “Company”) of her decision to retire as Senior Vice President and Chief Financial Officer of the Company, effective on February 24, 2023”

Ajoy H. Karna was appointed as Class III Director at MYR GROUP INC..

“appointed Ajoy H. Karna as a Class III director, effective May 2, 2022, to fill the vacancy”

William A. Koertner retired as Director at MYR GROUP INC..

“the vacancy resulting from William A. Koertner’s retirement from the Board on April 22, 2022.”

William A. Koertner retired as Director at MYR GROUP INC..

“On April 21, 2022, William A. Koertner notified the Company of his decision to retire as a member of the board of directors (the “Board”), effective as of April 22, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.