Sterling Announces the Appointment of Ronald Ballschmiede as Interim Chief Financial Officer and the Departure of Sharon Villaverde as Chief Financial Officer

Core Points - Sterling Infrastructure, Inc. appointed Ronald A. Ballschmiede as interim Principal Financial Officer and Principal Accounting Officer effective March 14, 2025, following the departure of Sharon Villaverde [1] - The company has initiated a formal search for a permanent Chief Financial Officer [1] - CEO Joe Cutillo expressed gratitude towards Sharon Villaverde for her contributions and confidence in Ronald A. Ballschmiede's ability to manage the transition [2] Company Overview - Sterling operates through subsidiaries in three segments: E-Infrastructure, Transportation, and Building Solutions, primarily in the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands [3] - E-Infrastructure Solutions focuses on large-scale site development for manufacturing, data centers, distribution centers, warehousing, and power generation [3] - Transportation Solutions encompasses infrastructure projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems [3] - Building Solutions includes concrete foundations for residential and commercial properties, parking structures, plumbing services, and surveys for new residential builds [3] - The company emphasizes sustainability and responsible operations to enhance society's quality of life [3]