# Rick Swartz

> Rick Swartz is president, chief executive officer and a director of MYR Group, an electrical construction group operating in the United States and Canada. He began as a Sturgeon Electric apprentice in 1982, became MYR’s chief operating officer in 2011 and CEO in 2017, and joined the board in 2019. His public career centers on employee development, project execution, disciplined growth and industry collaboration.

- **Role:** President and Chief Executive Officer at MYR Group
- **Organizations:** MYR Group, Sturgeon Electric Company
- **Known for:** Advanced from a 1982 electrical apprenticeship to MYR Group CEO in 2017., Helped develop project management and productivity improvement programs and corporate safety initiatives., Led MYR Group during its second quarter of 2026, when reported revenue reached $1.08 billion and June 30 backlog reached $3.16 billion, both company records.

## Career timeline

- **1982** — Started as an apprentice electrician at Sturgeon Electric.
- **2002–2004** — Vice president of MYR’s transmission and distribution central division.
- **2004–2009** — Group vice president at MYR Group.
- **2009** — Became senior vice president in August.
- **2011** — Became senior vice president and chief operating officer in May.
- **2013** — Became president of Sturgeon Electric, The L. E. Myers Co., Harlan Electric and Hawkeye Construction while retaining MYR COO responsibilities.
- **2016** — Promoted to executive vice president and chief operating officer in September.
- **2017** — Succeeded William A. Koertner as president and CEO on January 1.
- **2019** — Joined MYR Group’s board of directors in April.
- **2025** — The 2025 proxy disclosed that he declined his calculated $561,655 management incentive award for 2024, citing company financial performance.
- **2026** — Continued as president and CEO as MYR acquired Valley Electric and Comet Electric on July 1.

## Achievements

- Advanced from a 1982 electrical apprenticeship to MYR Group CEO in 2017.
- Helped develop project management and productivity improvement programs and corporate safety initiatives.
- Led MYR Group during its second quarter of 2026, when reported revenue reached $1.08 billion and June 30 backlog reached $3.16 billion, both company records.

## Latest updates

- **2026-10** — On October 14, MYR announced that third-quarter results would be released October 28, followed by an October 29 earnings call. These events were still upcoming as of October 23.
- **2026-07** — MYR reported second-quarter revenue of $1.08 billion and June 30 backlog of $3.16 billion on July 29; it also confirmed the July 1 closing of the Valley Electric and Comet Electric acquisition.
- **2026-05** — MYR announced an agreement to acquire Valley Electric and Comet Electric for approximately $328 million, subject to adjustments.

## Links

- Website: https://myrgroup.com
- LinkedIn: https://www.linkedin.com/in/rick-swartz-116607b4

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Profile page: https://yespress.io/rick-swartz
Published by YesPress — https://yespress.io
Last updated: 2026-10-23
