Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 26, 2020, John H. Sottile, the President and Chief Executive Officer
of The Goldfield Corporation (the "Company"), passed away. As previously
announced, on August 5, 2020, the Board of Directors of the Company appointed
Stephen R. Wherry, Chief Financial Officer of the Company, and Jason M. Spivey,
President of the Company's electrical construction subsidiary Power Corporation
of America, to the positions of Acting Co-Chief Executive Officers of the
Company. They will continue to serve in those positions.
A copy of the press release announcing the passing of Mr. Sottile is attached to
this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
Exhibit Description of Exhibit
99.1 Press release dated August 26, 2020.
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