Shimmick Appoints Sarah Tacker as Executive VP and COO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2026
0mins
Shimmick announced the appointment of Sarah Tacker as the executive VP and COO, effective April 28. In this role, Tacker will oversee Shimmick's operational functions and will be responsible for strengthening execution, improving processes, and supporting consistent performance as Shimmick continues to scale. Tacker will report to Ural Yal, CEO. Tacker is joining Shimmick from FlatironDragados, where she most recently served as VP, district manager.
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Analyst Views on SHIM
Wall Street analysts forecast SHIM stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.570
Low
6.00
Averages
6.00
High
6.00
Current: 3.570
Low
6.00
Averages
6.00
High
6.00
About SHIM
Shimmick Corporation is engaged in delivering turnkey infrastructure solutions to the markets across water, energy, climate resiliency, and transportation. The Company focuses on infrastructure projects, including water treatment, water resources, and other critical infrastructure. It expands, rehabilitates, upgrades, builds, and rebuilds water and wastewater treatment infrastructure, including desalination plants. It implements cleantech treatment technologies including ozonation, biological activated carbon, membrane filtration, reverse osmosis, chemical treatment, and oxidation. It also builds, expands, and enhances water storage and conveyance, including dams, flood control systems, pump stations, and others. It upgrades and expands locks and dams along its waterways to enable continued emission-reduced movement of goods. It also builds, retrofits, expands, rehabilitates, operates, and maintains its infrastructure, including mass transit, bridges, and military infrastructure.
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.
Shimmick Prices Public Offering at $3.50 per Share
- Public Offering Pricing: Shimmick priced an underwritten public offering of 3.73 million shares at $3.50 per share on Friday, granting underwriters a 30-day option to purchase an additional 560,000 shares to cover overallotments, indicating market demand for its stock.
- Expected Net Proceeds: The offering is expected to generate approximately $12.2 million in net proceeds, assuming the overallotment option is not exercised, which will provide crucial support for the company's working capital and general corporate purposes, despite a 5.62% drop in share price reflecting short-term market concerns.
- Offering Closure Date: The public offering is scheduled to close on May 26, 2026, indicating that the company will receive a cash inflow in the coming months to support its business development and project execution.
- Project and Financial Outlook: Shimmick reaffirms its 2026 revenue guidance of $550 million to $600 million and expects adjusted EBITDA between $15 million and $30 million, while its backlog has risen to $944 million, demonstrating the company's ongoing growth potential in infrastructure projects.
See More
Shimmick Corporation Q1 2026 Earnings Call Insights
- Revenue and Profit Performance: Shimmick Corporation reported Q1 2026 revenue of $88 million with a gross margin of 12% and adjusted EBITDA of approximately $3 million, reflecting a significant improvement in margin despite a decline from $122 million in Q1 2025, indicating effective cost control and profitability enhancement efforts.
- Project Progress and Outlook: The total backlog reached $944 million at the end of Q1, up from $793 million in Q4 2025, demonstrating confidence in project acquisition and execution, with expectations for 2026 revenue growth between 12% and 22%.
- Impact of Non-Core Projects: Revenue from non-core projects plummeted to $200,000 due to the termination of the Chickamauga Lock Replacement Project by the U.S. Army Corps of Engineers, down from $29 million a year ago; however, the company remains optimistic about future project acquisitions, believing overall performance will not be adversely affected.
- Executive Changes and Strategic Direction: The appointment of Sarah Tacker as COO in April strengthens the management team, with the CEO highlighting increasing opportunities in electrical and data center sectors, reflecting the company's strategic commitment to business diversification and market expansion.
See More
Shimmick Q1 Earnings Report Analysis
- Earnings Performance: Shimmick reported a Q1 Non-GAAP EPS of -$0.07, aligning with market expectations, indicating ongoing challenges in profitability.
- Revenue Decline: The company generated $88 million in revenue, a 27.9% year-over-year decrease, missing analyst expectations by $28.8 million, reflecting weak market demand and increased competitive pressures.
- Market Impact: The significant revenue drop places greater financial strain on Shimmick, potentially affecting its future investment and operational decisions, especially in the current economic climate.
- Need for Strategic Adjustment: The company must reassess its market strategy and cost structure to address the ongoing revenue decline and restore growth momentum, ensuring competitiveness within the industry.
See More
Shimmick Appoints New COO Sarah Tacker Amidst Stock Decline
- Executive Appointment: Shimmick has named Sarah Tacker as COO effective April 28, 2026, bringing her experience from FlatironDragados where she led Northern California operations, which is expected to enhance operational efficiency.
- Stock Price Reaction: Following the announcement, Shimmick's shares fell 5.6% in premarket trading, indicating market uncertainty regarding the new executive's impact on future performance.
- Financial Outlook: The company projects revenue growth between 12% and 22% for 2026, with an EBITDA target of $15 million to $30 million, reflecting optimism amid a stabilizing backlog.
- Project Acquisition: Shimmick secured $256 million in infrastructure projects, which not only strengthens its market position but also lays a solid foundation for future revenue growth.
See More
Shimmick Appoints New COO to Drive Operational Excellence
- Executive Appointment: Shimmick Corporation announced the appointment of Sarah Tacker as Chief Operating Officer effective April 28, 2026, tasked with overseeing operational functions to enhance execution and improve processes as the company scales.
- Extensive Experience: With 27 years in the construction industry, Tacker previously served as Vice President at FlatironDragados, managing Northern California operations, and her expertise is expected to provide significant strategic advantages to Shimmick.
- Support for Strategic Goals: This appointment aligns with Shimmick's focus on advancing strategic objectives through operational excellence, enhancing the company's competitiveness in complex infrastructure solutions and solidifying its market position.
- Leadership Enhancement: CEO Ural Yal emphasized that Tacker's leadership and deep operational expertise will be critical in driving improved execution, facilitating Shimmick's transition into its next growth phase.
See More
Shimmick Secures $256 Million in New Infrastructure Projects
- Total Project Value: Shimmick has secured approximately $256 million in new infrastructure projects in California and Texas, indicating a successful advancement of its expansion plans within the water and electrical infrastructure sectors.
- California Project: The company was awarded the Vista Grande Drainage Basin Improvements Project valued at about $180 million, which will modernize the region's stormwater infrastructure through the construction of a large underground drainage tunnel and new conveyance structures, thereby enhancing drainage efficiency during heavy rainfall events.
- Flood Protection Initiative: Shimmick also secured the Napa River/Napa Creek Flood Protection Project, valued at approximately $32 million, aimed at bolstering flood protection in the area and further solidifying its position in California's infrastructure market.
- Texas Expansion: In Texas, Shimmick was selected as a subcontractor for the Walnut Creek Wastewater Treatment Plant Expansion Project, valued at around $44 million, showcasing the company's competitiveness in risk-managed construction projects.
See More
Shimmick Prices Public Offering at $3.50 per Share
- Public Offering Pricing: Shimmick priced an underwritten public offering of 3.73 million shares at $3.50 per share on Friday, granting underwriters a 30-day option to purchase an additional 560,000 shares to cover overallotments, indicating market demand for its stock.
- Expected Net Proceeds: The offering is expected to generate approximately $12.2 million in net proceeds, assuming the overallotment option is not exercised, which will provide crucial support for the company's working capital and general corporate purposes, despite a 5.62% drop in share price reflecting short-term market concerns.
- Offering Closure Date: The public offering is scheduled to close on May 26, 2026, indicating that the company will receive a cash inflow in the coming months to support its business development and project execution.
- Project and Financial Outlook: Shimmick reaffirms its 2026 revenue guidance of $550 million to $600 million and expects adjusted EBITDA between $15 million and $30 million, while its backlog has risen to $944 million, demonstrating the company's ongoing growth potential in infrastructure projects.
See More
Shimmick Corporation Q1 2026 Earnings Call Insights
- Revenue and Profit Performance: Shimmick Corporation reported Q1 2026 revenue of $88 million with a gross margin of 12% and adjusted EBITDA of approximately $3 million, reflecting a significant improvement in margin despite a decline from $122 million in Q1 2025, indicating effective cost control and profitability enhancement efforts.
- Project Progress and Outlook: The total backlog reached $944 million at the end of Q1, up from $793 million in Q4 2025, demonstrating confidence in project acquisition and execution, with expectations for 2026 revenue growth between 12% and 22%.
- Impact of Non-Core Projects: Revenue from non-core projects plummeted to $200,000 due to the termination of the Chickamauga Lock Replacement Project by the U.S. Army Corps of Engineers, down from $29 million a year ago; however, the company remains optimistic about future project acquisitions, believing overall performance will not be adversely affected.
- Executive Changes and Strategic Direction: The appointment of Sarah Tacker as COO in April strengthens the management team, with the CEO highlighting increasing opportunities in electrical and data center sectors, reflecting the company's strategic commitment to business diversification and market expansion.
See More
Shimmick Q1 Earnings Report Analysis
- Earnings Performance: Shimmick reported a Q1 Non-GAAP EPS of -$0.07, aligning with market expectations, indicating ongoing challenges in profitability.
- Revenue Decline: The company generated $88 million in revenue, a 27.9% year-over-year decrease, missing analyst expectations by $28.8 million, reflecting weak market demand and increased competitive pressures.
- Market Impact: The significant revenue drop places greater financial strain on Shimmick, potentially affecting its future investment and operational decisions, especially in the current economic climate.
- Need for Strategic Adjustment: The company must reassess its market strategy and cost structure to address the ongoing revenue decline and restore growth momentum, ensuring competitiveness within the industry.
See More
Shimmick Appoints New COO Sarah Tacker Amidst Stock Decline
- Executive Appointment: Shimmick has named Sarah Tacker as COO effective April 28, 2026, bringing her experience from FlatironDragados where she led Northern California operations, which is expected to enhance operational efficiency.
- Stock Price Reaction: Following the announcement, Shimmick's shares fell 5.6% in premarket trading, indicating market uncertainty regarding the new executive's impact on future performance.
- Financial Outlook: The company projects revenue growth between 12% and 22% for 2026, with an EBITDA target of $15 million to $30 million, reflecting optimism amid a stabilizing backlog.
- Project Acquisition: Shimmick secured $256 million in infrastructure projects, which not only strengthens its market position but also lays a solid foundation for future revenue growth.
See More
Shimmick Appoints New COO to Drive Operational Excellence
- Executive Appointment: Shimmick Corporation announced the appointment of Sarah Tacker as Chief Operating Officer effective April 28, 2026, tasked with overseeing operational functions to enhance execution and improve processes as the company scales.
- Extensive Experience: With 27 years in the construction industry, Tacker previously served as Vice President at FlatironDragados, managing Northern California operations, and her expertise is expected to provide significant strategic advantages to Shimmick.
- Support for Strategic Goals: This appointment aligns with Shimmick's focus on advancing strategic objectives through operational excellence, enhancing the company's competitiveness in complex infrastructure solutions and solidifying its market position.
- Leadership Enhancement: CEO Ural Yal emphasized that Tacker's leadership and deep operational expertise will be critical in driving improved execution, facilitating Shimmick's transition into its next growth phase.
See More
Shimmick Secures $256 Million in New Infrastructure Projects
- Total Project Value: Shimmick has secured approximately $256 million in new infrastructure projects in California and Texas, indicating a successful advancement of its expansion plans within the water and electrical infrastructure sectors.
- California Project: The company was awarded the Vista Grande Drainage Basin Improvements Project valued at about $180 million, which will modernize the region's stormwater infrastructure through the construction of a large underground drainage tunnel and new conveyance structures, thereby enhancing drainage efficiency during heavy rainfall events.
- Flood Protection Initiative: Shimmick also secured the Napa River/Napa Creek Flood Protection Project, valued at approximately $32 million, aimed at bolstering flood protection in the area and further solidifying its position in California's infrastructure market.
- Texas Expansion: In Texas, Shimmick was selected as a subcontractor for the Walnut Creek Wastewater Treatment Plant Expansion Project, valued at around $44 million, showcasing the company's competitiveness in risk-managed construction projects.
See More
