Matrix Service Company Maintains Revenue Guidance Amid Leadership Transition

Matrix Service Company has reiterated its revenue guidance of $875M-$925M for 2026 despite a leadership transition. CEO John Hewitt announced that Sean Payne, current COO, will become CEO on June 30, 2026. Hewitt praised Payne's operational expertise and commitment to employees and stakeholders, calling him a "proven leader." The leadership change will take place later this year, with Hewitt remaining with the company until the transition is complete.