Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 26, 2020, John H. Sottile, the President and Chief Executive Officer of The Goldfield Corporation (the "Company"), passed away. As previously announced, on August 5, 2020, the Board of Directors of the Company appointed Stephen R. Wherry, Chief Financial Officer of the Company, and Jason M. Spivey, President of the Company's electrical construction subsidiary Power Corporation of America, to the positions of Acting Co-Chief Executive Officers of the Company. They will continue to serve in those positions.

A copy of the press release announcing the passing of Mr. Sottile is attached to this Current Report on Form 8-K as Exhibit 99.1.




Item 9.01.    Financial Statements and Exhibits.



Exhibit   Description of Exhibit
99.1        Press release dated August 26, 2020.


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