Business Context and Reporting Period
Company: Matrix Service Company (MTRX)
Filing Type: Form 8-K (Current Report)
Report Date: December 30, 2025
Subject: Departure of Certain Officers (Item 5.02)
Key Financial Metrics
This filing is a current report regarding corporate governance and personnel changes. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data.
Material Changes
Executive Departure: Mr. Douglas J. Montalbano has resigned as President of Matrix North American Construction, Inc. (Matrix NAC), a union operating subsidiary of the Company.
Effective Date: January 16, 2026.
Reason: The resignation is not related to any dispute or disagreement with Matrix NAC, its clients, or the Company regarding operations, policies, or practices.
Outlook and Management Commentary
Succession Plan: The role of President of Matrix NAC will be filled on an interim basis by a current employee and officer of Matrix NAC.
Reporting Line: The interim President will report to Mr. Shawn Payne, President, Engineering & Construction of the Company.
Investor Verification Checklist
- Confirm the identity of the interim President appointed to replace Mr. Montalbano.
- Monitor future filings for the permanent appointment to the Matrix NAC President role.
- Review upcoming quarterly reports (10-Q) or annual reports (10-K) for any operational impact on the Matrix NAC subsidiary.
- Verify that no other undisclosed disputes exist regarding the resignation, as stated in the filing.