Primoris Services (PRIM) Announces Leadership Changes

March 14, 2025 4:05 PM EDT

Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interim President and Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the Company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates.

In addition, the Company announced that Jeremy Kinch, Chief Operations Support Officer, has been promoted to Chief Operating Officer, effective immediately.

Lead Independent Director Stephen C. Cook said, “We have a high degree of confidence in David’s ability to lead the Company during this period of transition and appreciate his willingness to step into this important role.” He continued, “We congratulate Jeremy on his promotion to Chief Operating Officer. Since joining the Company in 2018, Jeremy has taken on increasingly more significant roles at the Company and is well-positioned to assume this new role.”

“The Board thanks Tom for his many contributions to the Company,” said David King. Mr. McCormick’s separation is unrelated to the Company’s financial statements or financial or business performance.



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