Matrix Service Realigns Leadership Amid CFO Transition Plans

Matrix Service Company is undergoing a leadership realignment in anticipation of Shawn P. Payne becoming CEO on July 1, 2026. As part of this transition, the company will consolidate administrative functions and relocate the CFO role to Houston. Long-serving executives Kevin S. Cavanah (CFO) and Nancy E. Austin (CAO) will depart in 2026 and May 2026, respectively, with no plans to appoint a new CAO, indicating a move towards a leaner leadership structure.

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