Summary
Quanta Services, Inc. (PWR) has filed an 8-K report to announce the resignation of Randall C. Wisenbaker from his position as Executive Vice President – Operations. Mr. Wisenbaker's departure is effective as of March 15, 2018, though he will continue with the company in a transitional capacity until March 30, 2018. This report primarily serves to inform the market about this key executive change. Investors should note that while the departure of a senior operations executive can be significant, the company has indicated that Mr. Wisenbaker will remain through the end of March to ensure a smooth transition. Further details regarding the reasons for his departure or his future plans were not disclosed in this filing. The report also confirms the date of the filing as March 21, 2018, and the signature of Donald C. Wayne, Executive Vice President and General Counsel, attests to the accuracy of the information.
Key Highlights
- 1Randall C. Wisenbaker has resigned from his position as Executive Vice President – Operations at Quanta Services, Inc.
- 2The resignation was effective March 15, 2018.
- 3Mr. Wisenbaker will continue to be employed by Quanta Services through March 30, 2018, to facilitate a transition.
- 4The filing is an 8-K Current Report, indicating a material event.
- 5Donald C. Wayne, Executive Vice President and General Counsel, signed the filing.
- 6No specific reason for Mr. Wisenbaker's departure was provided in the filing.