8-KLeadership ChangesRegulation FDExhibits & Filings

QUANTA SERVICES, INC. 8-K Report, Executive Changes (Jan 28, 2022)

Filed January 28, 2022For Securities:PWR

Summary

Quanta Services, Inc. (PWR) filed an 8-K on January 27, 2022, primarily announcing a significant leadership change. Effective January 26, 2022, Redgie Probst was appointed as the new Chief Operating Officer (COO) of the Company. Mr. Probst brings extensive experience to this role, having previously served as President of the Electric Power Division since March 2019. This appointment signifies a strategic move by the Board of Directors, as Earl C. Austin, Jr., the current President and CEO, relinquished his additional duties as COO. Mr. Austin had held the COO position since 2013. The press release, furnished as an exhibit, details this transition and aims to inform investors about the evolving operational leadership at Quanta Services.

Key Highlights

  • 1Redgie Probst appointed as Chief Operating Officer (COO) of Quanta Services, Inc., effective January 26, 2022.
  • 2Mr. Probst previously held the position of President – Electric Power Division since March 2019.
  • 3Earl C. Austin, Jr., President and CEO, has stepped down from his additional role as COO.
  • 4Mr. Austin had served as COO since 2013, indicating a long tenure in operational leadership.
  • 5The company issued a press release on January 27, 2022, to announce this executive transition.
  • 6Information regarding Mr. Probst's compensation and agreements is incorporated by reference to the company's 2021 proxy statement.
  • 7There are no known family relationships between Mr. Probst and existing directors or executive officers.

Frequently Asked Questions

Redgie Probst has been appointed as the new Chief Operating Officer (COO) of Quanta Services, Inc., effective January 26, 2022.

Prior to his appointment as COO, Mr. Probst served as the President of the Electric Power Division for Quanta Services since March 2019.

Earl C. Austin, Jr., who also serves as President and CEO, relinquished his additional role as Chief Operating Officer. He had held the COO position since 2013.

Details regarding Mr. Probst's experience, compensation arrangement, and standard indemnification agreement are incorporated by reference from the Company's definitive proxy statement for the 2021 annual meeting of stockholders, filed on April 16, 2021.