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Corporate Governance

In 2025, Centuri completed its final separation from Southwest Gas Holdings (SWX). This marks the culminating milestone in our journey to becoming a fully standalone public company that began with our Initial Public Offering (IPO) in April 2024.  As Centuri continues to diversify its investor base, robust commitment to corporate governance is fundamental to how we create and preserve value while earning the trust of those we serve.

Ethics, Transparency, and Risk Management

Our board of directors has seven members with a breadth of expertise and experience across multiple sectors. We also have a Nominating and Corporate Governance Committee composed of independent directors, as well as an Audit Committee and a Compensation Committee. These committees provide essential oversight and help foster accountability. We are committed to a compliance program that is robust and accurately captures both our risks and opportunities across our enterprise. This includes the development of comprehensive policies and programs that cover ethics, transparency, and risk management. Our enterprise-wide risk management system is structured to identify, evaluate, monitor, and address critical risks while developing appropriate mitigation strategies. The Board plays a key role in overseeing this system, ensuring a clear understanding of the risks the company faces, the actions being taken to mitigate them, and the acceptable levels of risk for Centuri.

Link to our _ site to see our Board Governance structure and associated committees, as well as our governance documents.

See our Board Governance structure, associated committees, and our governance documents: Centuri Holdings, Inc. – Governance – Governance Documents

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Accountability

Our Employee Code of Business Conduct and Ethics summarizes Centuri’s expectations for employees in the workplace. Instances when the code of conduct is violated are met with immediate action. We hold similar expectations for our suppliers and require our partners to sign and adhere to our Vendor Code of Conduct.

 

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Giving Employees a Voice

We are committed to the highest degree of ethical standards in our business dealings and encourage our employees to report any instances of misconduct in the workplace through the Centuri Ethics Helpline. Our web-based Ethics Helpline is a confidential, anonymous, and third-party managed resource where employees can report concerns or incidents that may not be aligned with our values, standards, and policies.

Sample Governance Policies