0001104659-22-100867.txt : 20220916 0001104659-22-100867.hdr.sgml : 20220916 20220916164230 ACCESSION NUMBER: 0001104659-22-100867 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220916 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220916 DATE AS OF CHANGE: 20220916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EVERSOURCE ENERGY CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05324 FILM NUMBER: 221248548 BUSINESS ADDRESS: STREET 1: 300 CADWELL DRIVE CITY: SPRINGFIELD STATE: MA ZIP: 01104 BUSINESS PHONE: 8606655000 MAIL ADDRESS: STREET 1: 107 SELDEN ST CITY: BERLIN STATE: CT ZIP: 06037-1616 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES DATE OF NAME CHANGE: 20041201 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 8-K 1 tm2226022d1_8k.htm FORM 8-K
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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 

Date of Report (Date of earliest event reported):  September 16, 2022 (September 16, 2022)

 

EVERSOURCE ENERGY

(Exact name of registrant as specified in its charter)

 

Massachusetts   001-05324   04-2147929
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

300 Cadwell Drive, Springfield, Massachusetts, 01104

(Address of principal executive offices, including zip code)

 

(800) 286-5000

Registrant’s telephone number, including area code 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which 
registered
Common Shares, $5.00 par value per share   ES   New York Stock Exchange

 

Indicate by check mark whether the registrant is 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 ¨

 

If an emerging growth company, indicate by check mark if the registrant has 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. ¨

 

 

 

 

 

 

Section 5Corporate Governance and Management

 

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

 

On September 16, 2022, the Board of Trustees (the “Board”) of Eversource Energy (the “Company”) announced that James J. Judge, Executive Chairman of the Board of Trustees, will retire as Executive Chairman of the Board and as a Trustee, effective as of December 31, 2022. The Board elected Joseph R. Nolan, Jr., President and Chief Executive Officer and a Trustee, as Chairman of the Board of Trustees and also appointed Mr. Nolan as Chair of the Executive Committee of the Board, effective as of December 31, 2022.

 

Also on September 16, 2022, the Board determined that Jay S. Buth, Vice President, Controller and Chief Accounting Officer of the Company, is temporarily unavailable to perform his duties as principal accounting officer. The Board appointed John M. Moreira, currently Executive Vice President, Chief Financial Officer and Treasurer of the Company, to serve as the principal accounting officer on an interim basis.

 

Section 8Other Events

 

Item 8.01Other Events.

 

On September 16, 2022, the Company issued a press release announcing Mr. Judge’s retirement as Executive Chairman of the Board and as a Trustee and Mr. Nolan’s election as Chairman of the Board, both effective as of December 31, 2022, which press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Section 9 Financial Statements and Exhibits

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.  

 

Exhibit
Number

 

Description

99.1 Press Release of the Company dated September 16, 2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

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

 

  EVERSOURCE ENERGY
  (Registrant)
   
September 16, 2022         By: /s/ James W. Hunt, III
    James W. Hunt, III
    Executive Vice President - Corporate Relations and Sustainability and Secretary

 

 

 

EX-99.1 2 tm2226022d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

56 Prospect St., Hartford, Connecticut 06103-2818

 

800 Boylston St., Boston, Massachusetts 02199

 

News Release

 

Eversource Energy Announces Jim Judge Will Retire as Executive Chairman of the Board 

Joe Nolan Named Chairman; Leadership Changes Effective December 31, 2022

 

HARTFORD, Conn. and BOSTON, Mass. (September 16, 2022) – Eversource Energy (NYSE: ES) today announced that Jim Judge, Executive Chairman of the Board of Trustees, will retire from the board effective December 31, 2022. As part of the company’s long-standing succession plan, Joe Nolan, President and CEO, will become Chairman of the Board.

 

Judge has served as Eversource’s Executive Chairman since May of 2021, remaining active in both investor and industry relations after a long career at the company that included roles as President, CEO and CFO. “It has been my distinct pleasure to have served the customers, shareholders and communities of Eversource. During my 45-year career with the company, changes in the industry have been extraordinary and I am confident that Joe is the leader who has the vision and experience to ensure a strong future for the company,” Judge said.

 

Joe Nolan was elected President, CEO and a Trustee in May of 2021, building on his 35-year career with the company and his critical work to advance Eversource’s environmental stewardship and clean energy strategy. “I’m very grateful to Jim for his mentorship and guidance that has provided positive results for Eversource. I look forward to building on that legacy as we lead the way in environmental and corporate responsibility, as well as reliable service to customers,” Nolan added.

 

Eversource’s Board of Trustees will continue to have a lead, independent trustee. On behalf of the company’s Board, Lead Independent Trustee William Van Faasen said, “Joe is a remarkable leader with extensive experience at Eversource and in the industry. We look forward to him assuming this additional role as an important next step in the company’s succession process. At the same time, the Board is truly grateful to Jim for his countless accomplishments and many years of service. I’ve had the pleasure of working with Jim as he led the company with the needs of customers, employees and all stakeholders as his top priority at all times.”

 

Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2021 and recognized as one of America’s Most JUST Companies. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. The #1 energy efficiency provider in the nation, Eversource harnesses the commitment of approximately 9,200 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, FacebookInstagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.

 

 

 

 

MEDIA CONTACT: 

Caroline Pretyman 

617-424-2460

caroline.pretyman@eversource.com

 

INVESTOR CONTACT: 

Jeff Kotkin 

860-665-5154 

jeff.kotkin@eversource.com

 

###

 

 

 

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