MYR Group Inc. Announces Resignation Of John P. Schauerman From Board Of Directors

ROLLING MEADOWS, Ill., Nov. 29, 2016 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group" or the "Company") (NASDAQ:MYRG), a leading specialty contractor serving the electrical infrastructure market in the United States and Canada, announced that, effective November 23, 2016, John P. Schauerman resigned from the Company's Board of Directors (the "Board"). Mr. Schauerman resigned to pursue other business opportunities.

Bill Koertner, MYR Group's President and Chief Executive Officer, said, "On behalf of MYR Group's Board of Directors and management team, we would like to thank Mr. Schauerman for his service to our Company and we wish him well with his future endeavors."

Mr. Schauerman was appointed to the Board in March 2016. Prior to his resignation, Mr. Schauerman also served on the Company's Audit Committee and Nominating and Corporate Governance Committee. Before joining the Board, Mr. Schauerman most recently served as Executive Vice President of Corporate Development of Primoris Services Corporation, a specialty construction and infrastructure company.

About MYR Group Inc.MYR Group is a leading specialty contractor serving the electrical infrastructure market throughout the United States and Canada, and has the experience and expertise to complete electrical installations of any type and size. MYR Group's comprehensive services on electric transmission and distribution networks and substation facilities include design, engineering, procurement, construction, upgrade, maintenance and repair services. MYR Group's transmission and distribution customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. MYR Group also provides commercial and industrial electrical contracting services to general contractors, commercial and industrial facility owners, local governments and developers generally throughout the western and northeastern United States and western Canada. For more information, visit myrgroup.com.

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