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Thomas McCormick Biography and Net Worth

President and CEO, Director of Primoris Services

Thomas E. McCormick has served as our President and Chief Executive Officer since November 2019 and has served as one of our Directors since August 2019. Mr. McCormick is responsible for the management, strategy, profitable growth and operations of the Company. He is focused on collaborating with leadership and the board of directors to establish, develop and implement Primoris’ mission, vision, strategy, objectives and policies. He was named President of the Company in April 2019 and became CEO in November of that same year, after joining the Company as Executive Vice President, Chief Operating Officer in April 2016. Prior to joining the Company, Mr. McCormick held a variety of executive positions with Chicago Bridge & Iron Company beginning in 2007. Such positions included President—Oil & Gas, Senior Vice President—Gas Processing & Oil Sands, Global Vice President—Downstream Operations and Vice President Operations. Prior to 2007, Mr. McCormick worked for more than 17 years at BE&K Engineering & Construction on a variety of heavy industrial projects. Mr. McCormick has a Bachelor of Science degree in Civil Engineering from Florida State University and an Advanced Executive Management Degree from INSEAD in Fontainebleau, France.

What is Thomas Edward McCormick's net worth?: The estimated net worth of Thomas Edward McCormick is at least $3.86 million as of May 10th, 2024. Mr. McCormick owns 60,961 shares of Primoris Services stock worth more than $3,864,927 as of October 22nd. This net worth approximation does not reflect any other investments that Mr. McCormick may own. Additionally, Mr. McCormick receives an annual salary of $2,370,000.00 as President and CEO, Director at Primoris Services. Learn More about Thomas Edward McCormick's net worth.
How old is Thomas Edward McCormick?: Mr. McCormick is currently 62 years old. There are 3 older executives and no younger executives at Primoris Services. Learn More on Thomas Edward McCormick's age.
What is Thomas Edward McCormick's salary?: As the President and CEO, Director of Primoris Services Co., Mr. McCormick earns $2,370,000.00 per year. Learn More on Thomas Edward McCormick's salary.
How do I contact Thomas Edward McCormick?: The corporate mailing address for Mr. McCormick and other Primoris Services executives is 2300 N. Field Street Suite1900, Dallas TX, 75201. Primoris Services can also be reached via phone at (214) 740-5600 and via email at [email protected]. Learn More on Thomas Edward McCormick's contact information.
Has Thomas Edward McCormick been buying or selling shares of Primoris Services?: Thomas Edward McCormick has not been actively trading shares of Primoris Services during the past quarter. Most recently, Thomas Edward Mccormick sold 10,000 shares of the business's stock in a transaction on Friday, May 10th. The shares were sold at an average price of $49.47, for a transaction totalling $494,700.00. Following the completion of the sale, the chief executive officer now directly owns 60,961 shares of the company's stock, valued at $3,015,740.67. Learn More on Thomas Edward McCormick's trading history.
Who are Primoris Services' active insiders?: Primoris Services' insider roster includes Stephen Cook (Director), David King (Director), Carla Mashinski (Director), Terry Mccallister (Director), Thomas McCormick (President and CEO, Director), John Moreno, Jr. (EVP, COO), John Perisich (Chief Legal and Administrative Officer), John Schauerman (Director), and Travis Stricker (Senior Vice President of Finance, CAO). Learn More on Primoris Services' active insiders.
Are insiders buying or selling shares of Primoris Services?: During the last year, insiders at the construction company sold shares 17 times. They sold a total of 223,246 shares worth more than $9,951,976.87. The most recent insider tranaction occured on September, 19th when Director John P Schauerman sold 25,000 shares worth more than $1,481,250.00. Insiders at Primoris Services own 1.4% of the company. Learn More about insider trades at Primoris Services.
Information on this page was last updated on 9/19/2024.

Thomas Edward McCormick Insider Trading History at Primoris Services

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/10/2024	Sell	10,000	$49.47	$494,700.00	60,961
12/8/2023	Sell	3,800	$31.75	$120,650.00	36,106
12/6/2023	Sell	51,224	$31.84	$1,630,972.16	39,906
3/17/2020	Sell	2,150	$11.49	$24,703.50	68,128
3/13/2020	Buy	2,150	$11.49	$24,703.50	70,278
2/26/2018	Buy	5,266	$20.87	$109,901.42	9,045

Thomas Edward McCormick Buying and Selling Activity at Primoris Services

Primoris Services Company Overview

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

Today's Range

Now: $62.39

$62.39

$63.72

50 Day Range

MA: $56.43

$48.55

$63.40

2 Week Range

Now: $62.39

$28.96

$63.85

Volume

485,316 shs

Average Volume

554,285 shs

Market Capitalization

$3.35 billion

P/E Ratio

21.97

Dividend Yield

0.38%

Beta

1.07

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Watch this new documentary and you’ll discover what Elon knows,

Thomas McCormick Biography and Net Worth

What is Thomas Edward McCormick's net worth?

How old is Thomas Edward McCormick?

What is Thomas Edward McCormick's salary?

How do I contact Thomas Edward McCormick?

Has Thomas Edward McCormick been buying or selling shares of Primoris Services?

Who are Primoris Services' active insiders?

Are insiders buying or selling shares of Primoris Services?