Raúl J. Valentín

About Raúl J. Valentín

Independent director of Quanta Services (PWR); age 61; joined the Board in June 2023; serves on the Compensation Committee and the Governance & Nominating Committee. He is Executive Vice President and Chief Human Resources Officer at ABM Industries (since 2021), with prior senior HR roles at Coty, Comcast, Covance, Frito-Lay (PepsiCo), and Macy’s; education: BA in Political Science and Spanish. Board tenure ~2 years; independence confirmed under NYSE standards; core credentials in human capital management, safety, compliance, and governance.

Past Roles

Organization	Role	Tenure	Committees/Impact
Coty, Inc.	Division Senior Vice President of Human Resources	Not disclosed	Senior HR leadership supporting large-scale consumer products operations
Comcast Corporation	Human resources roles of increasing responsibility	Not disclosed	HR leadership at a large, complex, regulated communications enterprise
Covance Inc.	Human resources leadership	Not disclosed	HR leadership in global biopharma services, compliance and talent development
Frito-Lay North America (PepsiCo)	Human resources leadership	Not disclosed	HR/talent programs in large manufacturing and logistics workforce
R.H. Macy & Co., Inc.	Human resources leadership	Not disclosed	HR systems and workforce management in retail environment

External Roles

Organization	Role	Tenure	Committees/Impact
ABM Industries Incorporated	Executive Vice President & CHRO	2021–present	Leads HR strategy, talent development, safety culture for a large, diverse workforce; alignment with acquisitions integration

Board Governance

Committee assignments: Compensation Committee member and Governance & Nominating Committee member (not chair). Compensation Committee met 6 times in 2024; Governance & Nominating met 5 times.
Independence and engagement: Board determined each director (other than the CEO) is independent under NYSE standards; non‑management directors meet in executive session at each regularly scheduled Board meeting.
Attendance: In 2024 the Board held four meetings; each director attended every Board meeting and at least 75% of their committee meetings.
Board leadership: Independent non‑executive Chairman (Doyle Beneby). Executive sessions presided by the Chairman or Lead Director, reinforcing independent oversight.

Fixed Compensation

Component	Policy/Amount	2024 Cash Earned	Notes
Board annual cash retainer	$105,000	$105,000	Policy amount for 2024
Committee membership fees	$10,000 per committee	$20,000	Compensation and Governance committees (two committees)
Committee chair fees	$20,000 (if chair)	$0	Not a chair
Meeting fees (extraordinary activity)	Paid only for 10th+ meeting: $2,000 in-person board; $1,000 telephonic board; $1,000 in-person committee; $500 telephonic committee	$0 disclosed	Structure to compensate high meeting load
Total fees earned or paid in cash (2024)	—	$125,000	Matches retainer + two committees
Prospective changes (effective May 22, 2025)	Board retainer $120,000; RSU grant value $180,000	—	Adjusted to market median per consultant review

Performance Compensation

Equity Component	Policy/Amount	Vesting/Structure	2024 Grant Value
Annual RSU award (non‑employee director)	$165,000 grant-date value	RSUs generally vest in full at conclusion of the director service year; settlement in shares; may elect up to 50% cash if in compliance with ownership guidelines	$176,293 (grant-date fair value for 2024)

Director equity is time‑based; no performance metrics apply to non‑employee director compensation. RSUs have minimum one‑year vesting and no dividends paid on unvested awards. Program includes a director compensation limit of $500,000 per year (higher caps for Chairman/Lead Director/new director) and prohibits repricing.

Other Directorships & Interlocks

Other public company directorships: None disclosed for Valentín.
Compensation Committee interlocks: None; no member served as a Quanta employee/officer in 2024, and no cross‑company interlock involving Quanta executives.

Expertise & Qualifications

Core skills: Human capital management and safety leadership, risk oversight, senior leadership, legal/compliance, governance and sustainability. Brings insight managing large, diverse workforces and integrating acquisitions.

Equity Ownership

Holder	Beneficial Ownership (Shares)	Percent of Class	Notable Details
Raúl J. Valentín	1,463	<1%	As of April 3, 2025; includes any RSUs/PSUs deemed outstanding within 60 days; unvested RSUs covering 622 shares as of Dec 31, 2024 (for each non‑employee director).
Ownership guidelines (directors)	5x annual cash retainer	—	5‑year compliance window; as of Dec 31, 2024 Valentín (appointed June 2023) was making ratable progress toward prescribed level.
Hedging/pledging	Prohibited absent pre‑clearance (pledging) and prohibited (hedging)	—	Reinforces alignment; anti‑pledging requires demonstrated capacity to repay.

Governance Assessment

Board effectiveness: Active roles on Compensation and Governance committees with full Board and committee attendance in 2024; independence and executive sessions support oversight quality.
Ownership alignment: Complies with director stock ownership framework, progressing within the 5‑year window; time‑based RSUs with minimum vesting enhance long‑term alignment.
Compensation discipline: Cash/equity mix within director compensation cap; no performance pay or perquisites; plan features include clawbacks, no dividends on unvested awards, and no repricing—positive governance signals.
Conflicts/related‑party exposure: No related‑party transactions disclosed for Valentín; Quanta maintains formal related‑party review via Audit Committee.

RED FLAGS: None disclosed specific to Valentín (no related‑party transactions, no attendance issues, no hedging/pledging). Programmatic safeguards (clawbacks, ownership guidelines, independence) are in place.