-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ss/hVUuw0x2Wa5RpZVooNxmSAgEp+WDIHpjyMhPJ1snGLE31fLykR2chVlAWuhMt fZTXsJjA7BT03B8O9mDq9Q== 0000081018-95-000026.txt : 19951221 0000081018-95-000026.hdr.sgml : 19951221 ACCESSION NUMBER: 0000081018-95-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19951219 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19951220 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF COLORADO CENTRAL INDEX KEY: 0000081018 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 840296600 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03280 FILM NUMBER: 95602854 BUSINESS ADDRESS: STREET 1: 1225 17TH ST STE 300 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: P O BOX 840 STE 300 CITY: DENVER STATE: CO ZIP: 80201 8-K 1 8-K DATED DECEMBER 20,1995 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)December 19, 1995 PUBLIC SERVICE COMPANY OF COLORADO ________________________________________ (exact name of registrant as specified in charter) Colorado ____________________ (State or other jurisdiction of incorporation) 1-3280 84-0296600 ________________ _________________ (Commission File No.) (IRS Employer Identification No.) 1225 Seventeenth Street, Denver, Colorado 80202 __________________________________________________________ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (303) 571-7511 ITEM 5. Other Events On December 19, 1995, Public Service Company of Colorado ("PSC") announced that D. D. Hock, Chairman and Chief Executive Officer ("CEO") of PSC, will step down from the CEO position, effective January 1, 1996, but will remain as chairman of the board. Upon completion of a previously announced merger with Southwestern Public Service Company, Mr. Hock will retire from his position as Chairman of PSC. PSC's board of directors elected Wayne H. Brunetti, President and Chief Operating Officer, to succeed Hock as CEO. A press release issued in connection therewith is filed as exhibit 99, and is incorporated by reference herein. 2 ITEM 7. Financial Statements and Exhibits (c) Exhibits. The following exhibit is filed herewith: 99 Press release, dated December 19, 1995, issued by Public Service Company of Colorado regarding change in Chief Executive Officer, effective January 1, 1996. 3 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, thereunto duly authorized. PUBLIC SERVICE COMPANY OF COLORADO /s/ R. C. Kelly ----------------------------------------- R. C. Kelly Senior Vice President, Finance, Treasurer and Chief Financial Officer Dated: December 20, 1995 4 EXHIBIT INDEX 99 Press release, dated December 19, 1995, issued by Public Service Company of Colorado regarding change in CEO, effective January 1, 1996. 5 EX-99 2 EXHIBIT 99 TO FORM 8K EXHIBIT 99 Public Service Co. of Colorado Contact: Media Relations 1225 17th Street, Suite 2000 (303) 294-8900 Denver, Colo. 80202 For Immediate Release Reference: Hock to Relinquish CEO Role, Remain As Chairman December 19, 1995 DENVER -- D. D. "Del" Hock, 60, chairman and chief executive officer of Public Service Co. of Colorado, announced Tuesday he will step down from the CEO position effective Jan. 1, 1996, but will remain as chairman of the board until the completion of a previously announced merger with Southwestern Public Service Co. The company's board of directors elected Wayne H. Brunetti, 53, president and chief operating officer of the company since July 1994, to succeed Hock as CEO effective Jan. 1, 1996. "There are tremendous changes taking place in the utility industry that are affecting not only the electric and natural gas business, but our company as well. My involvement in policy issues surrounding these changes and in further developing our energy businesses for a more competitive future will consume much of my time as chairman," Hock said. "Promoting Wayne Brunetti to chief executive officer has been part of our succession plan. He's already had a very positive impact on the operations of our company," added Hock, who assisted the board in its selection of Brunetti to his position. "I will be relying heavily upon Del Hock as an advisor, and I will be looking to his experience and leadership in our continuing effort to develop corporate strategy that will enable Public Service Company to hold a competitive position in our changing industry," Brunetti said. In addition to his responsibilities at the helm of the company's board of directors, Hock will provide oversight in the day-to-day operations and strategy of the company's non-regulated business sectors, e prime and Natural Fuels, as well as help develop new businesses opportunities. In August, Public Service Co. and Southwestern Public Service Company (SPS), based in Amarillo, Texas, announced they had entered into a definitive merger agreement to combine the utilities and form a new energy services holding company that will be called New Century Energies, Inc. Hock announced at that time he would retire upon the completion of the merger and SPS chairman and chief executive officer, Bill D. Helton, will become the holding company's chairman and CEO. Brunetti will become vice chairman, president and chief operating officer of the new company. The merger is subject to approval by the shareholders of both companies, and approval or regulatory review by the Federal Energy Regulatory Commission, the Securities and Exchange Commission, and state regulators in Texas, Colorado, New Mexico, Wyoming, Oklahoma and Kansas. A native Coloradan, Hock was elected president and chief executive officer in October 1988, and became chairman of the board in February 1989. He began his career with Public Service Co. in 1962 as director of auditing. Following various management assignments in the accounting and operating areas of the company, he was elected to the board of directors in 1985 and became president and chief operating officer in 1986. Hock earned a bachelor's of science degree in accounting from the University of Colorado, Boulder, and is a graduate of the University of Idaho Public Utilities Executive Course, the University of Colorado Executive Education Program for the Gas Industry and the Edison Electric Institute Graduate Management Program. Hock has taken a leadership role in the community and is presently serving on the boards of the State Board of Agriculture; Mile High United Way; Boy Scouts, Committee for Economic Development; University of Colorado Foundation; Economic Club of Colorado; Colorado Symphony; Greater Denver Corp.; Mountain States Employers Council and the Western Stock Show Association. He is a member of the Rotary Club of Denver. Hock is also a director of the Edison Electric Institute, Electric Power Research Institute, Western Energy Supply and Transmission Association, Western Regional Council and the Colorado Forum. Before joining Public Service Co., Brunetti was president and chief executive officer of Management Systems International, a Florida management consulting firm that he founded in 1991. Prior to that, he was executive vice president of Florida Power & Light Co., where he had responsibility for more than half of that company's operations. Brunetti holds a bachelor's of science degree in business administration from the University of Florida and is a graduate of the Harvard Business School's Program for Management Development. -----END PRIVACY-ENHANCED MESSAGE-----