THE
WOODLANDS, Texas, Nov. 15,
2024 /PRNewswire/ -- Sterling Infrastructure, Inc.
(NasdaqGS: STRL) ("Sterling" or "the Company") today announced that
Thomas M. White will retire from the
company's Board of Directors (the "Board") effective December 31, 2024. Mr. White was elected Chairman
of the Board in December 2019 and
served as a member of the Audit, Compensation & Talent
Development, and Corporate Governance & Nominating Committees
after joining the Board in July 2018.
Sterling's Corporate Governance & Nominating Committee is in
the process of determining Mr. White's successor.
Sterling CEO, Joe Cutillo,
commented, "On behalf of Sterling and the Board of Directors, I
would like to thank Tom for his dedicated years of leadership.
Tom's expertise and guidance have been instrumental in shaping not
only our Company, but also our Board of Directors. Tom has had an
exceptional career, and we are thankful that Sterling was a part of
it. We wish him all the best in his well-earned retirement."
About Sterling
Sterling operates through a variety of subsidiaries within three
segments specializing in E-Infrastructure, Transportation and
Building Solutions in the United
States, primarily across the Southern, Northeastern,
Mid-Atlantic and Rocky Mountain regions and the Pacific Islands.
E-Infrastructure Solutions provides advanced, large-scale site
development services for manufacturing, data centers, e-commerce
distribution centers, warehousing, power generation and more.
Transportation Solutions includes infrastructure and rehabilitation
projects for highways, roads, bridges, airports, ports, rail and
storm drainage systems. Building Solutions includes residential and
commercial concrete foundations for single-family and multi-family
homes, parking structures, elevated slabs, other concrete work and
plumbing services for new single-family residential builds. From
strategy to operations, we are committed to sustainability by
operating responsibly to safeguard and improve society's quality of
life. Caring for our people and our communities, our customers and
our investors – that is The Sterling Way.
Joe Cutillo,
CEO, "We build and service the infrastructure that enables our
economy to run,
our people to move and our country to grow."
Important Information for Investors and Stockholders
Cautionary Statement Regarding Forward-Looking Statements
This press release contains statements that are considered
forward-looking statements within the meaning of the federal
securities laws. Any such statements are subject to risks and
uncertainties, including those risks identified in the Company's
filings with the Securities and Exchange Commission. Accordingly,
such statements should be considered in light of these risks. The
forward-looking statements speak only as of the date made, and we
undertake no obligation to publicly update or revise any
forward-looking statements for any reason, whether as a result of
new information, future events or developments, changed
circumstances, or otherwise, notwithstanding any changes in our
assumptions, changes in business plans, actual experience or other
changes. These cautionary statements qualify all forward-looking
statements attributable to us or persons acting on our behalf.
Sterling Infrastructure Contacts:
Noelle Dilts, VP of Investor Relations and
Corporate Strategy
281-214-0795
noelle.dilts@strlco.com
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SOURCE Sterling Infrastructure, Inc.