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Recent Updates — CTRI

August 12, 2026View Source ↗

Centuri Holdings appointed Kelly Youngblood as Executive Vice President and Chief Financial Officer, replacing Gregory A. Izenstark, effective August 12, 2026. Youngblood receives a $680,000 annual base salary, an 85% target bonus, and restricted stock units valued at $2,030,000 vesting over three years. The company also appointed Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, replacing Jason S. Wilcock, effective the same date. Both departing executives are entitled to severance benefits under their existing employment agreements. Centuri Holdings operates in the utility and energy infrastructure services industry.

August 4, 2026View Source ↗

Centuri Holdings reported second quarter 2026 revenue of $962.0 million, a 33% increase year-over-year, driven by strong growth in U.S. Gas and Canadian Operations segments. The company recorded net income of $6.1 million and adjusted EBITDA of $75.7 million. Centuri raised its full year 2026 guidance, targeting base revenue between $3.5 billion and $3.7 billion and adjusted EBITDA between $285 million and $310 million. The company also completed the acquisition of JJ White for approximately $62 million in cash, adding mechanical and electrical construction capabilities. Centuri secured nearly $850 million in new bookings during the quarter, bringing year-to-date bookings to $2.2 billion with a book-to-bill ratio of 1.3x. The company operates in the utility and energy infrastructure services sector.