DALLAS--(BUSINESS WIRE)--May 1, 2025--
Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced the results of the Company’s Annual Meeting of Stockholders held virtually via webcast on April 30, 2025, at 9:00 a.m. Central Time.
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At the meeting, stockholders approved the election of eight directors. The directors are: David L. King, Chairman, Interim President and Chief Executive Officer, Primoris; Michael E. Ching, former Global Head of Investment Research, Evaluserve; Carla S. Mashinski, former Chief Financial Officer, Cameron LNG; Terry D. McCallister, former Chairman and Chief Executive Officer, WGL Holdings, Inc. and Washington Gas; Jose R. Rodriguez, former Senior Audit Partner at KPMG LLP; Harpreet Saluja, Executive Vice President of Corporate Strategy & Business Development, Ecolab; John P. Schauerman, former Executive Vice President of Corporate Development, Primoris; and Patricia K. Wagner, former Group President of U.S. Utilities, Sempra Energy.
The stockholders also approved the Advisory, Non-Binding Vote Approving the Company’s Named Executive Officer Compensation.
Additionally, the stockholders approved the ratification of the selection of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
David L. King, Chairman of the Board, Interim President and Chief Executive Officer, said, “I want to thank our retiring board member, Stephen C. Cook, whose business acumen and counsel as lead independent director has been instrumental in shaping our path forward. I also want to welcome our new board member, Harpreet Saluja, whose merger and acquisition expertise in the power management sector and extensive background in finance and strategic planning make her well suited to help guide and support Primoris’s future growth and value creation strategies. To our stockholders, thank you for placing your trust in our leadership and business strategies by investing in Primoris Services Corporation. We value your support and remain committed to safely executing on the opportunities before us to create shareholder value.”
About Primoris
Primoris Services Corporation is a premier specialty contractor providing critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. Built on a foundation of trust, we deliver a range of engineering, construction, and maintenance services that power, connect, and enhance society. On projects spanning utility-scale solar, renewables, power delivery, communications, and transportation infrastructure, we offer unmatched value to our clients, a safe and entrepreneurial culture to our employees, and innovation and excellence to our communities. To learn more, visit www.prim.com and follow us on social media at @PrimorisServicesCorporation.
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements that reflect, when made, the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including the Company’s future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipates”, “believes”, “could”, “estimates”, “expects”, “intends”, “may”, “plans”, “potential”, “predicts”, “projects”, “should”, “will”, “would” or similar expressions. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, the effects of regulation and the economy, generally. Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, which may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results may differ materially as a result of a number of factors, including, among other things, the risks described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2023, and our other filings with the U.S. Securities and Exchange Commission (“SEC”). Such filings are available on the SEC’s website at www.sec.gov. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements. Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Stockholders Elect Harpreet Saluja, to PSC's Board of Directors
HAMIMA, Syria (AP) — A trickle of civilians left a contested area east of Aleppo on Thursday after a warning by the Syrian military to evacuate ahead of an anticipated government military offensive against Kurdish-led forces.
Government officials and some residents who managed to get out said the Kurdish-led Syrian Democratic Forces prevented people from leaving via the corridor designated by the military along the main road leading west from the town of Maskana through Deir Hafer to the town of Hamima.
The SDF denied the reports that they were blocking the evacuation.
In Hamima, ambulances and government officials were gathered beginning early in the morning waiting to receive the evacuees and take them to shelters, but few arrived.
Farhat Khorto, a member of the executive office of Aleppo Governorate who was waiting there, claimed that there were "nearly two hundred civilian cars and hundreds of people who wanted to leave” the Deir Hafer area but that they were prevented by the SDF. He said the SDF was warning residents they could face “sniping operations or booby-trapped explosives” along that route.
Some families said they got out of the evacuation zone by taking back roads or going part of the distance on foot.
“We tried to leave this morning, but the SDF prevented us. So we left on foot … we walked about seven to eight kilometers until we hit the main road, and there the civil defense took us and things were good then,” said Saleh al-Othman, who said he fled Deir Hafer with more than 50 relatives.
Yasser al-Hasno, also from Deir Hafer, said he and his family left via back roads because the main routes were closed and finally crossed a small river on foot to get out of the evacuation area.
Another Deir Hafer resident who crossed the river on foot, Ahmad al-Ali, said, “We only made it here by bribing people. They still have not allowed a single person to go through the main crossing."
Farhad Shami, a spokesman for the SDF, said the allegations that the group had prevented civilians from leaving were “baseless.” He suggested that government shelling was deterring residents from moving.
The SDF later issued a statement also denying that it had blocked civilians from fleeing. It said that “any displacement of civilians under threat of force by Damascus constitutes a war crime" and called on the international community to condemn it.
“Today, the people of Deir Hafer have demonstrated their unwavering commitment to their land and homes, and no party can deprive them of their right to remain there under military pressure,” it said.
The Syrian army’s announcement late Wednesday — which said civilians would be able to evacuate through the “humanitarian corridor” from 9 a.m. to 5 p.m. Thursday — appeared to signal plans for an offensive against the SDF in the area east of Aleppo. Already there have been limited exchanges of fire between the two sides.
Thursday evening, the military said it would extend the humanitarian corridor for another day.
The Syrian military called on the SDF and other armed groups to withdraw to the other side of the Euphrates River, to the east of the contested zone. The SDF controls large swaths of northeastern Syria east of the river.
The tensions in the Deir Hafer area come after several days of intense clashes last week in Aleppo city that ended with the evacuation of Kurdish fighters and government forces taking control of three contested neighborhoods.
The fighting broke out as negotiations have stalled between Damascus and the SDF over an agreement reached last March to integrate their forces and for the central government to take control of institutions including border crossings and oil fields in the northeast.
Some of the factions that make up the new Syrian army, which was formed after the fall of former President Bashar Assad in a rebel offensive in December 2024, were previously Turkey-backed insurgent groups that have a long history of clashing with Kurdish forces.
The SDF for years has been the main U.S. partner in Syria in fighting against the Islamic State group, but Turkey considers the SDF a terrorist organization because of its association with Kurdish separatist insurgents in Turkey.
Despite the long-running U.S. support for the SDF, the Trump administration has also developed close ties with the government of interim Syrian President Ahmad al-Sharaa and has so far avoided publicly taking sides in the clashes in Aleppo.
Ilham Ahmed, head of foreign relations for the SDF-affiliated Kurdish-led administration in northeast Syria, at a press conference Thursday said SDF officials were in contact with the United States and Turkey and had presented several initiatives for de-escalation. She said that claims by Damascus that the SDF had failed to implement the March agreement were false.
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Associated Press journalist Hogir Al Abdo in Qamishli, Syria, contributed.
Members of the Syrian military police stand at a humanitarian crossing declared by the Syrian army in the village of Hamima, in the eastern Aleppo countryside, near the front line with the Kurdish-led Syrian Democratic Forces in Deir Hafer, Syria, Thursday, Jan. 15, 2026. (AP Photo/Ghaith Alsayed)
Members of the Syrian Civil Defense, stand next to their vehicles at a humanitarian crossing declared by the Syrian army in the village of Hamima, in the eastern Aleppo countryside, near the front line with the Kurdish-led Syrian Democratic Forces in Deir Hafer, Syria, Thursday, Jan. 15, 2026. (AP Photo/Ghaith Alsayed)
A displaced Syrian family rides in the back of a truck near a humanitarian crossing declared by the Syrian army next to a river in the village of Rasm Al-Abboud, in the eastern Aleppo countryside, near the front line with the Kurdish-led Syrian Democratic Forces in Deir Hafer, Syria, Thursday, Jan. 15, 2026. (AP Photo/Omar Albam)
Displaced Syrian children and women ride in the back of a truck near a humanitarian crossing declared by the Syrian army in the village of Hamima, in the eastern Aleppo countryside, near the front line with the Kurdish-led Syrian Democratic Forces in Deir Hafer, Syria, Thursday, Jan. 15, 2026. (AP Photo/Omar Albam)
Displaced Syrians at a river crossing near the village of Jarirat al Imam, in the eastern Aleppo countryside, near the front line with the Kurdish-led Syrian Democratic Forces in Deir Hafer, Syria, Thursday, Jan. 15, 2026. (AP Photo/Omar Albam)
