David King, chairman and prior CEO of Dallas-based Primoris Services Corp., has been named interim president and chief executive officer of the company, succeeding Tom McCormick, who is leaving Primoris, effective March 20.
The company’s board said it is conducting a search for a permanent CEO, which will include internal and external candidates. The company announced that Jeremy Kinch, chief operations support officer, has been promoted to chief operating officer, effective immediately.
“We have a high degree of confidence in David’s ability to lead the company during this period of transition and appreciate his willingness to step into this important role,” Lead Independent Director Stephen C. Cook said in a statement. “We congratulate Jeremy on his promotion to chief operating officer. Since joining the company in 2018, Jeremy has taken on increasingly more significant roles at the company and is well-positioned to assume this new role.”
“The board thanks Tom for his many contributions to the company,” King said in a statement. McCormick’s separation is unrelated to the company’s financial statements or financial or business performance, the company said.
Primoris Services Corp. is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada.
It provides a range of engineering, construction, and maintenance services on projects spanning utility-scale solar, renewables, power delivery, communications, and transportation infrastructure.
$770M contract announced in 2023
In 2023, Primoris announced that its energy segment received solar projects with a total estimated value of around $770 million.
The awarded contracts were for “the engineering, procurement, and construction of three utility-scale solar facilities with a combined generation capacity of over 1.4 GW located in the Southwest,” the company said.
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