Centuri Appoints New Independent Director Steven Nielsen to Board of Directors (Form 8-K)

Centuri Appoints New Independent Director Steven Nielsen to Board of Directors

PHOENIX, March 20, 2025 -- Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company"), a leading, North American utility and energy infrastructure services company, today announced that it has appointed specialty contracting services executive Steven Nielsen to its Board of Directors.

Mr. Nielsen served from 2000 to 2024 as Chairman and Chief Executive Officer of Dycom Industries, a leading provider of specialty contracting services to the telecommunications infrastructure industry. While at Dycom, he led the company through 25 years of transformational growth, scaling the business from under $200 million in revenue to more than $4.5 billion while overseeing a nationwide workforce and complex, multi-market operations.

"Steve has decades of successful leadership in specialty contracting services," said Chris Krummel, Chair of the Centuri Board of Directors. "His vast experience paired with a reputation as a steady, insightful, and highly effective enterprise leader, make him a wonderful addition to the Board."

"I'm pleased to join Centuri during this exciting chapter of Company growth," said Mr. Nielsen. "I look forward to bringing my years of experience and insights to support the Company as it builds on its strong foundation to become a most trusted and high performing services provider in its sector."

Mr. Nielsen joins as an independent director and will stand for election at Centuri's 2026 Annual Meeting of Shareholders. With the appointment of Mr. Nielsen, the Centuri Board of Directors has expanded to nine members.

About Steven Nielsen

Mr. Nielsen spent 31 years at Dycom Industries, Inc. (NYSE: DY), most recently as Chairman of the Board between 2000 and 2024, and President and Chief Executive Officer from March 1999 to 2024. While there he led Dycom through 25 years of transformational growth, scaling the business from under $200 million in revenue to more than $4.5 billion. He was also previously a director of SBA Communications Corporation (Nasdaq: SBAC). Mr. Nielsen received a Bachelor of Arts degree from Williams College in 1985.

About Centuri

Centuri Holdings, Inc. is a strategic utility and energy infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.