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AI brief of an SEC Form 8-K · MYR Group (MYRG)

MYR Group names Brian Stern COO of T&D segment, succeeding Tod Cooper March 1

Neutral Impact 3 of 5 leadership Written later

MYR Group said Senior Vice President and Chief Operating Officer of the Transmission and Distribution segment Tod M. Cooper will retire effective March 1, 2024, as part of a planned succession. The Board appointed Brian K. Stern, currently Group Vice President of T&D, to succeed him in that role on the same date, with an expected base salary of $450,000 per year.

Key points

  • Tod M. Cooper retires as SVP and COO of T&D effective March 1, 2024, and will stay in a senior advisor role for up to 90 days.
  • Brian K. Stern, 53, has 19 years of service with the company and has been Group Vice President, T&D, since January 2017.
  • Stern's expected employment agreement sets a $450,000 base salary and severance of two times salary plus target bonus, or three times following a change of control.

The filing

CompanyMYR Group (MYRG)
Form8-K, current report
Filed with the SECJan 25, 2024, 4:07 PM ET
Accession number0000700923-24-000002

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 25, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.