Primoris names David King interim CEO and Jeremy Kinch COO; sets pay terms
Primoris Services approved compensation for David King, named Interim President and CEO, and Jeremy Kinch, named Chief Operating Officer, with offer letters dated March 21, 2025. The filing shows King's base salary at $950,000 and an RSU grant of $1,250,000 vesting through the first anniversary of grant, while Kinch's base salary is $600,000 with a 2025 LTIP award of $1,000,000. Changes in top management and pay arrangements are relevant to shareholders as they set leadership and incentive terms.
Key points
- David King: Interim President and CEO; base salary $950,000; RSUs worth $1,250,000 vesting through the first anniversary of grant; target bonus up to 120% of salary
- Jeremy Kinch: Chief Operating Officer; base salary $600,000; 2025 LTIP award of $1,000,000; target bonus 100% of salary
- Offer letters dated March 21, 2025; Kinch's terms complement his Employment Agreement dated January 7, 2025
- Filing dated March 26, 2025, signed by CFO Kenneth M. Dodgen
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits 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 March 26, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.