financetom
Business
financetom
/
Business
/
Primoris Services Names David King as Interim CEO; Jeremy Kinch Named COO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Primoris Services Names David King as Interim CEO; Jeremy Kinch Named COO
Mar 14, 2025 1:43 PM

04:19 PM EDT, 03/14/2025 (MT Newswires) -- Primoris Services ( PRIM ) said Friday that David King, chairman and its prior chief executive, has been named interim president and chief executive.

King succeeds Tom McCormick, who will be separating from Primoris, effective March 20, the company said, adding the separation isn't related to its financial statements or business performance.

Primoris said its board has launched a search to identify a permanent CEO, including internal and external candidates.

Also, Chief Operations Support Officer Jeremy Kinch has been promoted to chief operating officer, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Swiss firm Ypsomed to build first U.S. plant, plans $200 million investment
Swiss firm Ypsomed to build first U.S. plant, plans $200 million investment
Oct 9, 2025
ZURICH, Oct 10 (Reuters) - Swiss medical technology company Ypsomed said on Friday it will establish its first manufacturing facility in the United States with an initial $200 million investment in the town of Holly Springs, North Carolina. Ypsomed, a maker of self-injection systems, said it plans to create about 100 new jobs and wants to roughly double that number...
Spain's FCC sells 25% of unit to Canadian pension fund CPP for $1.2 billion
Spain's FCC sells 25% of unit to Canadian pension fund CPP for $1.2 billion
Oct 9, 2025
MADRID, Oct 10 (Reuters) - Spain's FCC has agreed to sell a 25% stake in its environmental subsidiary FCC Enviro to Canadian pension fund CPP Investments for 1 billion euros ($1.16 billion), it said late on Thursday. Following the deal, the construction and infrastructure company FCC, majority-owned by Mexican billionaire Carlos Slim, will retain a 50.01% stake in its subsidiary,...
SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports
SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports
Oct 9, 2025
Oct 10 (Reuters) - SoftBank Group Corp is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its chip unit Arm Holdings, Bloomberg News reported on Friday. The capital will fund additional investment in OpenAI this year, the report added, citing people familiar with the matter. Reuters could not immediately verify the...
Analysis-Soaring fund manager pay cost Eisler Capital dear
Analysis-Soaring fund manager pay cost Eisler Capital dear
Oct 9, 2025
LONDON (Reuters) -Eisler Capital's decision to close its flagship multi-strategy hedge fund as soaring staff costs eroded trading profit exposes the difficulty London-based funds face when trying to grow rapidly and replicate bigger, entrenched U.S. players, investors and industry insiders say. They warn that flows in the $4 trillion hedge fund sector will increasingly be absorbed by incumbents - likely...
Copyright 2023-2025 - www.financetom.com All Rights Reserved