EMCOR Group, Inc. Announces Planned Leadership Transitions

EMCOR Group, Inc. (NYSE: EME) today announced that, as part of a planned realignment of responsibilities, Mark A. Pompa, Executive Vice President and Chief Financial Officer, and R. Kevin Matz, Executive Vice President Shared Services, will step down from their respective positions, effective April 1, 2024.

The Company also announced that Jason R. Nalbandian, EMCOR’s Chief Accounting Officer, will succeed Mr. Pompa as Senior Vice President and Chief Financial Officer and will maintain his current Chief Accounting Officer responsibilities. Mr. Matz’s responsibilities will be reallocated to other members of the EMCOR executive leadership team, including Andrew G. Backman, who recently joined the Company as Vice President of Investor Relations.

Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR, commented, “On behalf of the Board and the entire management team, I’d like to thank Mark for his invaluable contributions to EMCOR over his 30-year tenure at the Company. His many accomplishments, including building out a deep financial organization and strong risk management and tax team, developing a robust capital allocation framework, and strengthening our financial foundation, will have lasting benefits for the Company. We are grateful for the work and dedication Mark has undertaken to advance our strategy and enhance shareholder value, and we look forward to his partnership as we effect a smooth transition.”

Mr. Guzzi continued, “Succession planning is a priority at EMCOR, and we are extremely pleased to name Jason as our next Chief Financial Officer. He is a highly accomplished, results driven leader, known for his strong financial acumen and proven track record of disciplined capital management. Jason exemplifies EMCOR’s core values of Mission First, People Always and has built and grown an exceptional world-class financial team since joining EMCOR nearly a decade ago. We have full confidence that he is the right choice to lead our finance organization as we continue our mission to drive long-term profitable growth and shareholder value.”

Mr. Guzzi concluded, “Kevin has been part of the fabric of EMCOR for the past three-plus decades. I want to thank him for his countless contributions, his passion and leadership, and for his trusted advice throughout the years. He has been a highly respected and valued member of our management team, acting as a driving force in the advancement of our strategic objectives and corporate policies. Kevin has played an integral role in developing our agile and resilient operating model, while successfully leading and growing our investor relations and shared services functions. Kevin has been instrumental in building our comprehensive leadership training programs, our business development and IT teams, as well as our industry-leading safety program. On behalf of the Board and entire management team, we thank Kevin for his unwavering commitment to EMCOR.”