Orion Group Holdings Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Orion Group Holdings Inc. on January 25, 2022, reporting events that occurred on January 21, 2022. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Board Appointment: Quentin P. Smith, Jr. was appointed as a new member of the Board of Directors, effective January 21, 2022.
- Board Retirement: Richard L. Daerr, Jr. is retiring as a board member, effective May 20, 2022.
- Board Composition: Due to the timing of these changes, the Board of Directors will temporarily expand from seven (7) to eight (8) members.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to disclose the aforementioned board changes and references an attached press release (Exhibit 99.1) for additional details.
Key Facts for Investor Verification
- Verify the effective dates of Quentin P. Smith, Jr.'s appointment and Richard L. Daerr, Jr.'s retirement.
- Confirm the temporary increase in Board size to eight members.
- Review the attached press release (Exhibit 99.1) for biographical details on the new director and the retiring director.