An update from Primoris Services ( (PRIM) ) is now available.
On March 21, 2025, Primoris Services Corporation’s Board of Directors approved compensation terms for David King and Jeremy Kinch, following their appointments as Interim President and CEO, and Chief Operating Officer, respectively. King will receive a $950,000 annual salary, equity in restricted stock units, and a potential bonus, while Kinch will earn a $600,000 salary, long-term incentive equity awards, and a bonus, aligning with his existing employment agreement.
More about Primoris Services
Primoris Services Corporation operates in the construction and engineering industry, providing a range of services including infrastructure development and maintenance. The company focuses on delivering large-scale projects across various sectors, enhancing its market position through strategic leadership appointments.
YTD Price Performance: -15.61%
Average Trading Volume: 919,820
Technical Sentiment Signal: Sell
Current Market Cap: $3.5B
See more insights into PRIM stock on TipRanks’ Stock Analysis page.