Sterling Construction ( (STRL) ) has shared an update.
On March 14, 2025, Sterling Infrastructure, Inc. appointed Ronald A. Ballschmiede as interim Chief Financial Officer and Chief Accounting Officer following the departure of Sharon Villaverde, who left to pursue other opportunities. The company has started a formal search for a permanent CFO. CEO Joe Cutillo expressed gratitude for Villaverde’s contributions and confidence in Ballschmiede’s ability to transition smoothly. Villaverde’s departure was not due to any disagreements with the company’s financial practices, and she will receive benefits as per her compensation program.
More about Sterling Construction
Sterling Infrastructure, Inc. operates through subsidiaries in three segments: E-Infrastructure, Transportation, and Building Solutions, primarily across the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands of the United States. The company provides large-scale site development services, infrastructure projects for highways and bridges, and residential and commercial concrete foundation services. Sterling is committed to sustainability and improving society’s quality of life.
YTD Price Performance: -29.76%
Average Trading Volume: 596,773
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.56B
Learn more about STRL stock on TipRanks’ Stock Analysis page.
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