Dycom Industries, Inc. Announces Management Changes
January 07, 2021 at 03:20 am IST
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Effective January 6, 2021, Dycom Industries, Inc. (the Company) appointed Daniel S. Peyovich as the Company’s Executive Vice President of Operations. Mr. Peyovich’s appointment is made in connection with the previously announced planned retirement of Timothy R. Estes as the Company’s Executive Vice President and Chief Operating Officer as a result of having met the mandatory retirement age pursuant to the Company’s By-laws. As required under the Company’s By-Laws, Mr. Estes is expected to retire as the Company’s Executive Vice President and Chief Operating Officer on the date of the Company’s Annual Meeting of Shareholders, which is currently anticipated to be in May 2021 (the “2021 Shareholder Meeting”). Mr. Peyovich will succeed Mr. Estes as the Company’s Chief Operating Officer following the 2021 Shareholder Meeting. Prior to joining the Company, Mr. Peyovich was employed as President of the Northwest Division for Balfour Beatty Construction, a leading international infrastructure group engaged in the development, building and maintenance of complex infrastructure such as transportation, power and utility systems and commercial buildings.
Dycom Industries, Inc. is a provider of specialty contracting services. The Company supplies telecommunications providers with a portfolio of services, such as program management, planning, engineering and design, aerial, wireless construction, maintenance, and fulfillment services. It provides underground facility locating services for utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also supplies the expertise, labor, equipment, and tools necessary to provide services to its customers. It provides engineering services to telecommunications providers, such as planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company hub location, or cable operator headend, to a consumers' home or businesses. It provides construction and installation services, including the placement and splicing of fiber, copper, and coaxial cables.