Centuri Holdings, Inc. announced on September 5, 2025, the completion of its final separation from Southwest Gas Holdings, Inc. This occurred upon the closing of Southwest Gas' offering of its remaining 27,362,210 shares of Centuri's common stock.
Centuri did not sell any shares of its common stock and did not receive any proceeds from this final sale by Southwest Gas Holdings. This transaction officially establishes Centuri as a fully standalone public company.
Concurrently, Christopher Krummel was appointed as the new Chair of Centuri's Board of Directors, replacing Karen Haller, who will remain on the Board. This leadership change reinforces Centuri's commitment to independent governance and strategic oversight.
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