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 December 20, 2018, covering events reported as of December 14, 2018. The filing addresses significant changes to the company's 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 corporate governance changes and does not contain financial performance data.
Material Changes
- Board Departure: Gene G. Stoever is retiring as a board member, effective December 31, 2018.
- Board Expansion: The Board of Directors is expanding from six to seven members, effective January 1, 2019.
- New Appointments: Mary E. Sullivan and Michael J. Caliel have been appointed as new directors.
- Committee Assignments:
- Mary E. Sullivan appointed Chairman of the Audit Committee and member of the Nominating and Governance Committee.
- Michael J. Caliel appointed to both the Audit and Compensation Committees.
- Committee Resignations: Richard L. Daerr, Jr. stepped down from the Audit and Nominating and Governance Committees.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document serves solely to disclose the personnel changes described above.
Key Facts for Investor Verification
- Confirm the effective dates of Gene G. Stoever's retirement (Dec 31, 2018) and the new directors' appointments (Jan 1, 2019).
- Verify the specific committee roles assigned to Mary E. Sullivan and Michael J. Caliel.
- Review the attached press release (Exhibit 99.1) for additional context on the board changes.