Cardinal Infrastructure Group Announces Executive Promotions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: Newsfilter
- Executive Promotions: Cardinal Infrastructure Group has promoted Marisa Hodes to Vice President of the Carolinas, where she has managed over $250 million in site development projects over the past five years, driving the company's growth and business expansion in the Southeast.
- Safety Culture Development: Chace Adams has been formally appointed as Safety Director, having overseen the development and implementation of safety programs since 2021, now managing a team of over 10 full-time professionals to ensure high safety standards in complex projects.
- Team Development Strategy: CEO Jeremy Spivey emphasized that investing in and developing team members is crucial for the company's growth, retention, and performance, with Hodes and Adams' promotions exemplifying the successful execution of this strategy.
- Market Expansion Capability: As one of the Southeast's fastest-growing infrastructure service providers, Cardinal Infrastructure Group leverages a self-performing model and skilled teams to efficiently execute large-scale projects in high-growth markets, enhancing client relationships.
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Analyst Views on CDNL
Wall Street analysts forecast CDNL stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 52.960
Low
28.00
Averages
28.00
High
28.00
Current: 52.960
Low
28.00
Averages
28.00
High
28.00
About CDNL
Cardinal Infrastructure Group Inc. is an infrastructure services company. The Company provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Its operations leverage a large skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. It seeks to safely execute site work solutions within both the individual project's schedule and budget. The Company delivers its suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects, primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors, which enables project execution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cardinal Infrastructure Group Announces Executive Promotions
- Executive Promotions: Cardinal Infrastructure Group has promoted Marisa Hodes to Vice President of the Carolinas, where she has managed over $250 million in site development projects over the past five years, driving the company's growth and business expansion in the Southeast.
- Safety Culture Development: Chace Adams has been formally appointed as Safety Director, having overseen the development and implementation of safety programs since 2021, now managing a team of over 10 full-time professionals to ensure high safety standards in complex projects.
- Team Development Strategy: CEO Jeremy Spivey emphasized that investing in and developing team members is crucial for the company's growth, retention, and performance, with Hodes and Adams' promotions exemplifying the successful execution of this strategy.
- Market Expansion Capability: As one of the Southeast's fastest-growing infrastructure service providers, Cardinal Infrastructure Group leverages a self-performing model and skilled teams to efficiently execute large-scale projects in high-growth markets, enhancing client relationships.
See More
Cardinal Infrastructure Announces Executive Promotions
- Executive Promotions: Cardinal Infrastructure Group has promoted Marisa Hodes to Vice President of the Carolinas, recognizing her contributions to the company's growth in the Southeast, which is expected to further drive regional business development.
- Safety Management Appointment: Chace Adams has been formally appointed as Safety Director, reflecting the company's commitment to safety management aimed at enhancing employee safety awareness and work environment, thereby reducing accident rates.
- Leadership Recognition: These appointments not only acknowledge the individual capabilities of Hodes and Adams but also demonstrate Cardinal Infrastructure's strategic focus on talent development and leadership, helping the company maintain its competitive edge in the infrastructure sector.
- Southeast Market Expansion: With these executive adjustments, Cardinal Infrastructure plans to strengthen its business presence in the Southeast, leveraging the experience and leadership of the newly appointed executives to drive further expansion in the region.
See More
Cardinal Infrastructure Group to Attend Investor Conferences
- Investor Conference Participation: Cardinal Infrastructure Group will participate in the Stifel Cross Sector Conference on June 2-3, 2026, where CFO Mike Rowe will meet with institutional investors in Boston, aiming to strengthen investor relations and enhance market visibility.
- Formal Presentation Schedule: On June 3, 2026, at the William Blair Growth Stock Conference, CEO Jeremy Spivey and COO Benji Wood will deliver a formal presentation, expected to attract more investor attention to the company's growth potential and market strategy.
- Webcast Availability: The presentation will be accessible via a live audio webcast on Cardinal's investor relations website, with a replay available for 30 days post-event, ensuring that investors who cannot attend live can still access key information.
- Company Background Overview: Cardinal Infrastructure Group is one of the Southeast's fastest-growing full-service infrastructure providers, leveraging a self-performing model and skilled labor to efficiently execute projects in high-growth markets, thereby enhancing long-term client relationships.
See More
Cardinal Infrastructure Group to Attend Investor Conferences
- Investor Conference Schedule: Cardinal Infrastructure Group will participate in the Stifel Cross Sector Conference on June 2-3, 2026, where CFO Mike Rowe will meet with institutional investors to strengthen investor relations and enhance company visibility.
- Formal Presentation Details: On June 3, 2026, Chairman and CEO Jeremy Spivey, along with COO Benji Wood, will deliver a formal presentation at the William Blair Growth Stock Conference, which is expected to attract more investor interest in the company's growth potential.
- Webcast Availability: The presentation will be accessible via live audio webcast on Cardinal's investor relations website, with a replay available for 30 days post-event, ensuring that investors who cannot attend live can still access key information, thereby enhancing transparency.
- Company Background: Cardinal Infrastructure Group is one of the Southeast's fastest-growing full-service infrastructure service providers, leveraging a self-performing model and skilled workforce to execute large-scale projects efficiently, further solidifying its competitive position in high-growth markets.
See More
Cardinal Infrastructure Group Q1 2026 Earnings Highlights
- Significant Revenue Growth: Cardinal Infrastructure Group reported Q1 2026 revenue of $168 million, reflecting a remarkable year-over-year increase of approximately 105%, with organic growth around 64%, indicating robust performance across residential and commercial sectors amidst sustained market demand.
- Record Backlog: The company ended the quarter with a backlog of $854 million, an all-time high representing over 12 months of revenue, showcasing strong confidence in future business execution and market opportunities.
- Acquisition Integration Progress: CEO Jeremy Spivey highlighted the integration progress from the ALGC acquisition, quickly deploying adjacent crews to reduce reliance on subcontractor services, while securing a $24 million data center contract expected to complete in 2027, further diversifying revenue streams.
- Upgraded Full-Year Outlook: The company raised its full-year 2026 revenue guidance to a range of $675 million to $685 million, up from the previous range of $665 million to $678 million, reflecting management's confidence in execution and demand visibility, with adjusted EBITDA margin guidance expected to exceed 20%.
See More
Cardinal Infrastructure Reports Strong Q1 Earnings
- Earnings Per Share Growth: Cardinal Infrastructure Group Inc. reported a GAAP EPS of $0.23 for Q1, indicating a significant improvement in profitability and reflecting enhanced competitiveness in the market.
- Substantial Revenue Increase: The company achieved revenue of $167.5 million in Q1, showcasing strong growth driven by expansion in the infrastructure sector and robust market demand.
- Net Income Surge: Net income reached $11.5 million, up 73% from Q1 2025, demonstrating successful cost control and operational efficiency, further solidifying the company's financial health.
- Significant Backlog Growth: As of March 31, 2026, the backlog stood at $854 million, a 60% increase year-over-year, indicating strong future revenue potential and increased market confidence.
See More
Cardinal Infrastructure Group Announces Executive Promotions
- Executive Promotions: Cardinal Infrastructure Group has promoted Marisa Hodes to Vice President of the Carolinas, where she has managed over $250 million in site development projects over the past five years, driving the company's growth and business expansion in the Southeast.
- Safety Culture Development: Chace Adams has been formally appointed as Safety Director, having overseen the development and implementation of safety programs since 2021, now managing a team of over 10 full-time professionals to ensure high safety standards in complex projects.
- Team Development Strategy: CEO Jeremy Spivey emphasized that investing in and developing team members is crucial for the company's growth, retention, and performance, with Hodes and Adams' promotions exemplifying the successful execution of this strategy.
- Market Expansion Capability: As one of the Southeast's fastest-growing infrastructure service providers, Cardinal Infrastructure Group leverages a self-performing model and skilled teams to efficiently execute large-scale projects in high-growth markets, enhancing client relationships.
See More
Cardinal Infrastructure Announces Executive Promotions
- Executive Promotions: Cardinal Infrastructure Group has promoted Marisa Hodes to Vice President of the Carolinas, recognizing her contributions to the company's growth in the Southeast, which is expected to further drive regional business development.
- Safety Management Appointment: Chace Adams has been formally appointed as Safety Director, reflecting the company's commitment to safety management aimed at enhancing employee safety awareness and work environment, thereby reducing accident rates.
- Leadership Recognition: These appointments not only acknowledge the individual capabilities of Hodes and Adams but also demonstrate Cardinal Infrastructure's strategic focus on talent development and leadership, helping the company maintain its competitive edge in the infrastructure sector.
- Southeast Market Expansion: With these executive adjustments, Cardinal Infrastructure plans to strengthen its business presence in the Southeast, leveraging the experience and leadership of the newly appointed executives to drive further expansion in the region.
See More
Cardinal Infrastructure Group to Attend Investor Conferences
- Investor Conference Participation: Cardinal Infrastructure Group will participate in the Stifel Cross Sector Conference on June 2-3, 2026, where CFO Mike Rowe will meet with institutional investors in Boston, aiming to strengthen investor relations and enhance market visibility.
- Formal Presentation Schedule: On June 3, 2026, at the William Blair Growth Stock Conference, CEO Jeremy Spivey and COO Benji Wood will deliver a formal presentation, expected to attract more investor attention to the company's growth potential and market strategy.
- Webcast Availability: The presentation will be accessible via a live audio webcast on Cardinal's investor relations website, with a replay available for 30 days post-event, ensuring that investors who cannot attend live can still access key information.
- Company Background Overview: Cardinal Infrastructure Group is one of the Southeast's fastest-growing full-service infrastructure providers, leveraging a self-performing model and skilled labor to efficiently execute projects in high-growth markets, thereby enhancing long-term client relationships.
See More
Cardinal Infrastructure Group to Attend Investor Conferences
- Investor Conference Schedule: Cardinal Infrastructure Group will participate in the Stifel Cross Sector Conference on June 2-3, 2026, where CFO Mike Rowe will meet with institutional investors to strengthen investor relations and enhance company visibility.
- Formal Presentation Details: On June 3, 2026, Chairman and CEO Jeremy Spivey, along with COO Benji Wood, will deliver a formal presentation at the William Blair Growth Stock Conference, which is expected to attract more investor interest in the company's growth potential.
- Webcast Availability: The presentation will be accessible via live audio webcast on Cardinal's investor relations website, with a replay available for 30 days post-event, ensuring that investors who cannot attend live can still access key information, thereby enhancing transparency.
- Company Background: Cardinal Infrastructure Group is one of the Southeast's fastest-growing full-service infrastructure service providers, leveraging a self-performing model and skilled workforce to execute large-scale projects efficiently, further solidifying its competitive position in high-growth markets.
See More
Cardinal Infrastructure Group Q1 2026 Earnings Highlights
- Significant Revenue Growth: Cardinal Infrastructure Group reported Q1 2026 revenue of $168 million, reflecting a remarkable year-over-year increase of approximately 105%, with organic growth around 64%, indicating robust performance across residential and commercial sectors amidst sustained market demand.
- Record Backlog: The company ended the quarter with a backlog of $854 million, an all-time high representing over 12 months of revenue, showcasing strong confidence in future business execution and market opportunities.
- Acquisition Integration Progress: CEO Jeremy Spivey highlighted the integration progress from the ALGC acquisition, quickly deploying adjacent crews to reduce reliance on subcontractor services, while securing a $24 million data center contract expected to complete in 2027, further diversifying revenue streams.
- Upgraded Full-Year Outlook: The company raised its full-year 2026 revenue guidance to a range of $675 million to $685 million, up from the previous range of $665 million to $678 million, reflecting management's confidence in execution and demand visibility, with adjusted EBITDA margin guidance expected to exceed 20%.
See More
Cardinal Infrastructure Reports Strong Q1 Earnings
- Earnings Per Share Growth: Cardinal Infrastructure Group Inc. reported a GAAP EPS of $0.23 for Q1, indicating a significant improvement in profitability and reflecting enhanced competitiveness in the market.
- Substantial Revenue Increase: The company achieved revenue of $167.5 million in Q1, showcasing strong growth driven by expansion in the infrastructure sector and robust market demand.
- Net Income Surge: Net income reached $11.5 million, up 73% from Q1 2025, demonstrating successful cost control and operational efficiency, further solidifying the company's financial health.
- Significant Backlog Growth: As of March 31, 2026, the backlog stood at $854 million, a 60% increase year-over-year, indicating strong future revenue potential and increased market confidence.
See More
