Centuri Appoints Jason Lentz as Senior Vice President of Fleet and Procurement

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”), a leading, North American utility infrastructure services company, today announced the appointment of Jason Lentz as Senior Vice President of Fleet and Procurement, effective August 11.

In this critical role, Mr. Lentz will drive Centuri’s enterprise-wide fleet and sourcing strategy, focusing on maximizing equipment utilization and improving capital efficiency in alignment with the Company’s objectives. With more than $1 billion in fleet assets across its operating companies, Centuri is advancing a disciplined capital allocation strategy that balances ownership and leasing to ensure flexibility, financial strength, and operational readiness to serve its growing customer base. Mr. Lentz will lead this effort, designing and implementing programs that reduce capital intensity and leverage the company’s scale to drive cost-efficient solutions.

Mr. Lentz brings nearly three decades of experience in the energy and construction sectors, including transformational roles at Fortune 500 companies. Most recently he served as Vice President of Supply Chain at Michels Corporation, where he managed the strategic utilization of 17,000 fleet assets globally. During his tenure, he implemented a unified fleet cost structure underpinned by data analytics to drive utilization insights and enhance fleet efficiency. Prior to Michels, he held leadership positions at Quanta Services, InfraSource LLC and ABBY Construction, with a consistent focus on fleet strategy, procurement optimization, and safety.

“Our fleet is one of our most critical business assets. Bringing in a senior leader of Jason’s caliber further enables us to strengthen our balance sheet through a disciplined capital allocation strategy that includes our fleet management program,” said Centuri President and CEO Christian Brown. “Jason’s proven track record of transforming fleet operations, and his data-driven approach to asset management will accelerate our ability to deliver enhanced shareholder value while maintaining our commitment to exceptional customer service.”

About Centuri

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.

Forward-Looking Statements

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