Shawn P. Payne was named President and Chief Executive Officer of Matrix Service Co, effective July 1, 2026. As of November 6, 2026, Matrix Service Co has reported 3 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 30, 2026 to October 19, 2026, naming 3 appointments and 1 departure (Form 8-K, July 2, 2026).
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Key facts
- · In / out: In · Person: Dominic A. Savarino · 8-K, 2026-10-19
- · In / out: In · Person: Shawn P. Payne · Role: President and Chief Executive Officer · Effective: 2026-07-01 · 8-K, 2026-07-02
- · In / out: Out · Person: Austin Nancy E. Austin · Role: Chief Administrative Officer · Effective: 2026-05-07 · 8-K, 2026-04-30
Matrix Service Co reported changes in 3 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-30 to 2026-10-19. They name 3 people, with 3 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Matrix Service Co files it.
Also on the record for Matrix Service Co
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| April 7, 2026 | Stake report, Schedule 13G/A, by BlackRock, Inc. | 6.8% of the class | 5%+ stakes | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| January 21, 2026 | Stake report, Schedule 13G/A, by BlackRock, Inc. | 12.4% of the class | 5%+ stakes | Source |
| August 14, 2025 | Stake report, Schedule 13G/A, by HARVEY PARTNERS, LLC | 4.4% of the class | 5%+ stakes | Source |
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More on Matrix Service Co and the records around it.
Matrix Service Co elsewhere on the record
Companies that share a holder
- BlackRock, Inc. also filed stake reports on 1596 other companies: AvePoint, Inc. (Nov 2026), BIOMARIN PHARMACEUTICAL INC (Nov 2026), MSG RANGERS CORP (Nov 2026)
- The Vanguard Group also filed stake reports on 2384 other companies: BellRing Brands, Inc. (Sep 2026), CAL-MAINE FOODS INC (Sep 2026), FTAI Aviation Ltd. (Sep 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-19 | In | 8-K, 2026-10-19 | |||
| 2026-07-02 | In | President and Chief Executive Officer | 2026-07-01 | 8-K, 2026-07-02 | |
| 2026-07-02 | In | 8-K, 2026-07-02 | |||
| 2026-04-30 | Out | Chief Administrative Officer | 2026-05-07 | 8-K, 2026-04-30 |
Who leads Matrix Service Co, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- President and Chief Executive Officer: Shawn P. Payne, appointed, effective 2026-07-01 (filed 2026-07-02).
- Chief Administrative Officer: Austin Nancy E. Austin, departure reported, effective 2026-05-07 (filed 2026-04-30). No successor is named in these filings.
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Appointed: Dominic A. Savarino
In this role, Mr. Savarino will serve as the Company's principal financial officer and principal accounting officer.
- On October 19, 2026, Matrix Service Company (the "Company") announced the appointment of Dominic A. Savarino as the Company's Senior Vice President and Chief Financial Officer effective November 6, 2026.
- Mr. Savarino, age 56, has served as a consultant with NewVista Advisory Group since 2025.
- Mr. Savarino served in the roles of Senior Vice President and Chief Financial Officer from 2021 to 2024 and Vice President and Chief Accounting and Tax Officer from 2017 to 2021 with Diamond Offshore Drilling, Inc., an NYSE-listed multinational offshore drilling firm, which merged with Noble Corporation in 2024.
- Before that, Mr. Savarino served as Vice President, Tax from 2016 to 2017 with Baker Hughes, a global oilfield services company, prior to its merger with GE Oil & Gas.
- Mr. Savarino also served in various roles with McDermott International, Inc., including Vice President and General Manager - Americas from 2015 to 2016, Vice President Finance - Asia Pacific from 2011 to 2014, and Vice President, Tax from 2006 to 2011.
- Prior to joining McDermott, Mr. Savarino served as International Tax Director with Hewlett-Packard and was a Senior Tax Manager and Tax Manager with PricewaterhouseCoopers.
- Mr. Savarino holds a Bachelor of Business Administration degree and a Master of Professional Accounting degree from the University of Texas.
Appointed: Shawn P. Payne, President and Chief Executive Officer, effective 2026-07-01
In connection with our previously announced leadership transition and his appointment to the role of President and Chief Executive Officer of Matrix Service Company (the "Company"), the Board of Directors (the "Board") of the Company has elected Shawn P. Payne as a Director of the Company effective July 1, 2026, to serve until our next annual meeting.
Appointed: Shawn P. Payne
The Board has also appointed Mr. Payne to serve as a member of the Project Risk Committee of the Board and chair of the Strategy Committee of the Board.
- No changes were made to Mr. Payne's compensation arrangements as a result of his election as a Director of the Company.
- Mr. Payne's son, Peyton Payne, is currently employed by an operating subsidiary of the Company as an estimator and receives annual compensation of less than $150,000.
Departing: Austin Nancy E. Austin, Chief Administrative Officer, effective 2026-05-07
Departure of Nancy E. Austin Nancy E. Austin and the Company are expected to enter into a separation agreement (the " Austin Agreement "), pursuant to which Ms. Austin will step down as Vice President and Chief Administrative Officer of the Company effective as of May 7, 2026.
- As part of broader organizational changes across the Company following the previously announced appointment of Shawn P. Payne as Chief Executive Officer, who will assume his new role effective July 1, 2026, Kevin S. Cavanah, Vice President of Finance and Chief Financial Officer, and Nancy E. Austin, Chief Administrative Officer, will step down from their respective positions on the terms substantially as described below.
- Mr. Cavanah will continue in his role for the period described below to facilitate an orderly transition of his duties as the Company conducts an external search for his replacement, who will be based in Houston, together with Mr. Payne.
- The Company is not appointing a replacement for the Chief Administrative Officer role and will instead redistribute the responsibilities of that role to other Company executives.
- Mr. Cavanah's separation from the Company is not the result of any disagreements with the Company or any of its directors, officers or employees.
- If a Change of Control (as defined in the Equity Plan) occurs under certain circumstances, Mr. Cavanah will receive the increased cash payment and full vesting of performance units pursuant to the Executive Severance Plan and his performance unit award agreements, respectively.
- The Cavanah Agreement also includes confidentiality, cooperation and non-disparagement covenants and a customary release of claims.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.