8-K

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 Act of 1934

Date of Report (Date of earliest event reported) February 5, 2015

CHUGACH ELECTRIC ASSOCIATION, INC.

(Exact name of registrant as specified in its charter)

Alaska	33-42125	92-0014224
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

5601 Electron Drive, Anchorage, AK	99518
(Address of Principal’s Executive Offices)	(Zip Code)
Registrant’s telephone number, including area code: (907) 563-7494

(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:

☐Written communication 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))

Section 5 – Corporate Governance and Management

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

On February 5, 2015, David Gillespie resigned from the Chugach Electric Association, Inc. (“Chugach”) Board of Directors (Board) to accept the position of Chief Executive Officer at the Alaska Railbelt Cooperative Transmission & Electric Company (ARCTEC).  Director Gillespie was a member of the Board’s Operations Committee.  His resignation is not the result of any disagreement between Chugach and Director Gillespie on any matter relating to Chugach’s operations, policies or practices.

Item 9.01 – Financial Statements and Exhibits

Exhibit No.	Description
17.1	Director Gillespie Letter of Resignation dated February 5, 2015

SIGNATURES

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

Date: February6, 2015		CHUGACH ELECTRIC ASSOCIATION, INC.
	By:	/s/ Bradley W. Evans
		Bradley W. Evans
		Chief Executive Officer

EX-17.1

February 5, 2015

Ms. Janet Reiser

Board Chair

Chugach Electric Association

5601 Electron Drive

Anchorage, AK  99518

Dear Ms. Reiser:

It is with regret that I must inform you that I am resigning my position on the Chugach Board of Directors, effective immediately.  I have truly enjoyed my time on the board, working on behalf of our members.  I have great confidence in my fellow Board members and the entire Chugach management team!  I know you will all continue to steer the cooperative well.

While I regret that I must leave the Board, I am doing so to take the new position of Chief Executive Officer at ARCTEC.  In this role I can represent the interests of not just Chugach’s members, but those of all railbelt cooperative members.  There are major changes underway in our industry, and I believe I can be most effective in addressing those changes by taking on this new role.

Thank you and the rest of the Board again for your kindness, support and friendship.

Very truly yours,

/s/ David A. Gillespie

David A. Gillespie

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