Sterling Construction Announces CFO Transition and New Incentives
Company Announcements

Sterling Construction Announces CFO Transition and New Incentives

Sterling Construction (STRL) has issued an announcement.

Sterling Infrastructure, Inc. is undergoing a top-level management change, as Sharon R. Villaverde steps up to take over from the retiring Ronald A. Ballschmiede as CFO and CAO, starting May 13, 2024. Villaverde brings extensive experience from Dycom Industries and other prominent companies, along with her CPA certification. Her compensation includes a $500,000 base salary, performance-related cash incentives, and an equity-based incentive plan. This strategic move signals the company’s commitment to maintaining robust financial leadership and continuity.

For a thorough assessment of STRL stock, go to TipRanks’ Stock Analysis page.

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