Summary
Quanta Services, Inc. (PWR) announced a change to its Board of Directors through an 8-K filing on September 15, 2026, reporting events from September 9, 2026. The company increased the size of its Board from ten to eleven directors and elected Ellen Rubin as a new director. Ms. Rubin will serve until the next annual meeting of stockholders and has been appointed to both the Audit Committee and the Safety, Operations and Risk Committee, bringing additional expertise to these critical oversight functions. Ms. Rubin's appointment is part of the company's standard director compensation program, which includes a pro-rata annual cash retainer of approximately $105,000 and a pro-rata restricted stock unit award valued at approximately $131,000. These awards vest at the end of the director service year. Importantly, there are no undisclosed arrangements or material transactions involving Ms. Rubin that would require further disclosure under SEC regulations, indicating a clean appointment process. This expansion and appointment are intended to strengthen the board's oversight capabilities.
Key Highlights
- 1Quanta Services expanded its Board of Directors from 10 to 11 members.
- 2Ellen Rubin has been elected as a new director to the Board.
- 3Ms. Rubin will serve until the Company's next annual meeting of stockholders.
- 4Ms. Rubin has been appointed to the Audit Committee and the Safety, Operations and Risk Committee.
- 5The new director will receive a pro-rata annual cash retainer of approximately $105,000.
- 6Ms. Rubin will also receive a pro-rata restricted stock unit award valued at approximately $131,000, vesting at the end of the service year.
- 7No material related-party transactions or undisclosed arrangements involving Ms. Rubin were reported.