PRIM - Primoris Services Corporation

Primoris Services Corporation

2300 N. Field Street
Suite 1900
Dallas, TX 75201
United States
214 740 5600
https://www.prim.com

Sector(s): Industrials
Industry: Engineering & Construction
Full Time Employees: 2,509

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas E. McCormick	CEO, Pres & Director	2.11M	N/A	1962
Mr. Kenneth M. Dodgen CPA	Exec. VP & CFO	1.2M	N/A	1966
Mr. John M. Perisich	Exec. VP, Chief Legal Officer & Sec.	1.21M	N/A	1965
Mr. Travis L. Stricker	Chief Accounting Officer & Sr. VP of Fin.	N/A	N/A	1971
Mr. Chad Haxton	Chief Information Officer	N/A	N/A	N/A
Blake Holcomb	VP of Investor Relations	N/A	N/A	N/A
Ms. Rhonda Anderson	Chief HR Officer	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction and maintenance, carbon capture and storage services; pipeline facility and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.

Corporate Governance

Primoris Services Corporation’s ISS Governance QualityScore as of May 30, 2023 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.