Dycom ( (DY) ) has provided an update.
Dycom Industries, Inc. is set to welcome Kevin M. Wetherington as the new Executive Vice President and Chief Operating Officer, starting October 7, 2024. With a rich background in the energy sector and a Mechanical Engineering degree, Wetherington brings extensive experience from his time at Baker Hughes and Weatherford International. His contract promises a hefty annual salary, bonuses, stock options, and benefits, along with severance provisions and health benefits under certain conditions. This strategic move coincides with Daniel S. Peyovich’s transition from COO to President and then CEO, marking a significant leadership reshuffle within the company.
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