IES Holdings Appoints New CEO Matthew J. Simmes

IES Holdings ( (IESC) ) has provided an announcement.

On May 19, 2025, IES Holdings announced the appointment of Matthew J. Simmes as the new President and Chief Executive Officer, effective July 1, 2025, succeeding Jeffrey L. Gendell. Mr. Simmes, who has been with the company for over 31 years, will continue as President and join the Board of Directors, while Mr. Gendell will transition to the role of Executive Chairman. This leadership change is part of IES’s executive succession plan and reflects the company’s strategic focus on long-term growth and operational success.

Spark’s Take on IESC Stock

According to Spark, TipRanks’ AI Analyst, IESC is a Outperform.

IES Holdings scores a 73, bolstered by strong financial performance and positive corporate events. The stock demonstrates solid momentum but is tempered by technical indicators suggesting overbought conditions. Valuation is reasonable, though the absence of a dividend may deter some investors.

To see Spark’s full report on IESC stock, click here.

More about IES Holdings

IES Holdings, Inc. designs and installs integrated electrical and technology systems and provides infrastructure products and services to various end markets, including data centers, residential housing, and commercial and industrial facilities, serving clients across the United States with over 9,000 employees.

Average Trading Volume: 196,200

Technical Sentiment Signal: Buy

Current Market Cap: $5.37B

See more insights into IESC stock on TipRanks’ Stock Analysis page.