8-K 1 form8-k11018.htm 01.10.18 FORM 8-K Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 10, 2018 (January 10, 2018)
Date of Report (Date of earliest event reported)

Commission
 
Exact name of registrant as specified in its charter;
 
IRS Employer
File Number
 
State or other jurisdiction of incorporation or organization
 
Identification No.
001-14881
 
BERKSHIRE HATHAWAY ENERGY COMPANY
 
94-2213782
 
 
(An Iowa Corporation)
 
 
 
 
666 Grand Avenue, Suite 500
 
 
 
 
Des Moines, Iowa 50309-2580
 
 
 
 
515-242-4300
 
 
 
 
 
 
 
001-05152
 
PACIFICORP
 
93-0246090
 
 
(An Oregon Corporation)
 
 
 
 
825 N.E. Multnomah Street
 
 
 
 
Portland, Oregon 97232
 
 
 
 
888-221-7070
 
 
 
 
 
 
 
333-90553
 
MIDAMERICAN FUNDING, LLC
 
47-0819200
 
 
(An Iowa Limited Liability Company)
 
 
 
 
666 Grand Avenue, Suite 500
 
 
 
 
Des Moines, Iowa 50309-2580
 
 
 
 
515-242-4300
 
 
 
 
 
 
 
333-15387
 
MIDAMERICAN ENERGY COMPANY
 
42-1425214
 
 
(An Iowa Corporation)
 
 
 
 
666 Grand Avenue, Suite 500
 
 
 
 
Des Moines, Iowa 50309-2580
 
 
 
 
515-242-4300
 
 
 
 
 
 
 
 
 
N/A
 
 
 
 
(Former name or former address, if changed from last report)
 
 


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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrants under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrants are an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    o
If an emerging growth company, indicate by check mark if the registrants have elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o




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Item 8.01. Other Events
 
On January 10, 2018, the Board of Directors of Berkshire Hathaway Energy Company (the “Company”) announced Gregory E. Abel, 55, will become Executive Chairman of the Board of Directors of the Company and has resigned as Chief Executive Officer and President of the Company. Mr. Abel has been elected to the Board of Directors of the Company’s parent, Berkshire Hathaway Inc., and will serve as its Vice Chairman - Non-Insurance Business Operations.

The Board of Directors also announced the election of William J. Fehrman, 57, as the Chief Executive Officer, President and director of the Company. Mr. Fehrman joined the Company in 2006 and most recently served as Chief Executive Officer since 2008 and President and director since 2007 of MidAmerican Energy Company (“MidAmerican”), an indirect, wholly-owned subsidiary of the Company.

The Board of Directors of MidAmerican announced the election of Adam L. Wright, 40, as Chief Executive Officer, President and director. The Board of Managers of MidAmerican Funding, LLC announced Mr. Fehrman’s resignation as President and manager and Mr. Wright’s election as President and manager. Mr. Wright began his employment in 2003 at Northern Natural Gas Company, an indirect, wholly-owned subsidiary of the Company, and most recently served as vice president of gas delivery for MidAmerican.

The Board of Directors of PacifiCorp, an indirect, wholly-owned subsidiary of the Company, announced Mr. Abel’s resignation as Chief Executive Officer, Chairman and director and Mr. Fehrman’s election as Chief Executive Officer, Chairman and director.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
BERKSHIRE HATHAWAY ENERGY COMPANY
Date: January 10, 2018
 
 
/s/ Patrick J. Goodman
 
Patrick J. Goodman
 
Executive Vice President and Chief Financial Officer
 
 
 
 
 
PACIFICORP
Date: January 10, 2018
 
 
/s/ Nikki L. Kobliha
 
Nikki L. Kobliha
 
Vice President, Chief Financial Officer and Treasurer
 
 
 
 
 
MIDAMERICAN FUNDING, LLC
 
MIDAMERICAN ENERGY COMPANY
Date: January 10, 2018
 
 
/s/ Thomas B. Specketer
 
Thomas B. Specketer
 
Vice President and Controller of MidAmerican Funding, LLC and
 
Vice President and Chief Financial Officer of
 
MidAmerican Energy Company


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