8-KLeadership ChangesRegulation FDExhibits & Filings

EMCOR Group, Inc. 8-K Report, Executive Changes (Dec 15, 2022)

Filed December 15, 2022For Securities:EME

Summary

EMCOR Group, Inc. (EME) announced a key executive change and a new board member in their December 15, 2022, 8-K filing. Jason R. Nalbandian has been appointed Senior Vice President and Chief Accounting Officer, effective January 1, 2023. This promotion reflects Nalbandian's prior experience within the company, having served as Vice President and Chief Accounting Officer since January 2022 and holding the Controller position previously. Additionally, Rebecca Ann Weyenberg was elected to the Board of Directors. Her appointment is effective immediately and comes with a compensation package including $85,000 worth of restricted stock units, based on the company's Director Award Program. Weyenberg will also receive standard director compensation and an indemnification agreement, aligning with the company's policies for non-employee directors.

Key Highlights

  • 1Jason R. Nalbandian promoted to Senior Vice President and Chief Accounting Officer, effective January 1, 2023.
  • 2Nalbandian's prior roles include Vice President and Chief Accounting Officer, and Controller.
  • 3Rebecca Ann Weyenberg elected to the Board of Directors, effective December 14, 2022.
  • 4Ms. Weyenberg will receive $85,000 worth of restricted stock units as part of her director compensation.
  • 5Weyenberg's compensation aligns with EMCOR's established Director Award Program and non-employee director compensation policies.
  • 6An indemnification agreement has been entered into with Ms. Weyenberg, standard for directors.

Frequently Asked Questions

Jason R. Nalbandian has been appointed as the new Senior Vice President and Chief Accounting Officer, effective January 1, 2023.

Mr. Nalbandian has a strong internal track record, having served as Vice President and Chief Accounting Officer since January 1, 2022, and previously as the Company's Controller from February 2019.

Rebecca Ann Weyenberg has been elected to the Board of Directors, effective December 14, 2022.

Ms. Weyenberg will be awarded $85,000 worth of restricted stock units, prorated under the Company’s Director Award Program, and will receive compensation in accordance with the Company’s policy for non-employee directors.