-----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, HUd5PwQdzrPXji8K6fFKDiVpsjYh3f6PJ8L2e+psUvOTLc1HVVuTkaQEFJ7y2IUS 0Z68aVJ6ELTTf3maFiMM2A== 0000940170-97-000030.txt : 19971224 0000940170-97-000030.hdr.sgml : 19971224 ACCESSION NUMBER: 0000940170-97-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971222 ITEM INFORMATION: FILED AS OF DATE: 19971223 SROS: AMEX SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENOVA CORP CENTRAL INDEX KEY: 0000940170 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 330643023 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11439 FILM NUMBER: 97743206 BUSINESS ADDRESS: STREET 1: POST OFFICE BOX 1831 CITY: SAN DIEGO STATE: CA ZIP: 92112-4150 BUSINESS PHONE: 6196962000 MAIL ADDRESS: STREET 1: 101 ASH STREET CITY: SAN DIEGO STATE: CA ZIP: 92101 FORMER COMPANY: FORMER CONFORMED NAME: SDO PARENT CO /CA DATE OF NAME CHANGE: 19950303 8-K 1 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 22, 1997 ----------------- Exact name of Commission Registrant IRS Employer File as specified State of Identification Number in its charter Incorporation Number - ---------- ----------------- -------------- -------------- 1-11439 ENOVA CORPORATION California 33-0643023 1-3779 SAN DIEGO GAS & ELECTRIC COMPANY California 95-1184800 - ---------------------------------------------------------------- 101 ASH STREET, SAN DIEGO, CALIFORNIA 92101 - ----------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (619) 696-2000 Registrant's telephone number, including area code--------------- - ----------------------------------------------------------------- (Former name or former address, if changed since last report.) FORM 8-K Item 5. Other Events Registrants yesterday announced several changes in their boards of directors and in their executive officers. Details are provided in the attached press release. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. 99.1 Press release dated December 22, 1997. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ENOVA CORPORATION (Registrant) Date: December 23, 1997 By: /s/ F.H. Ault ----------------- ----------------------------- F.H. Ault Vice President and Controller and SAN DIEGO GAS & ELECTRIC COMPANY (Registrant) Date: December 23, 1997 By: /s/ F.H. Ault ----------------- ----------------------------- F.H. Ault Vice President, Chief Financial Officer, Controller and Treasurer EX-99 2 PRESS RELEASE Exhibit 99.1 For more information contact: Doug Kline (619) 696-4292 After-hours pager (619) 526-9555 Web Site: http://www.enova.com STEPHEN L. BAUM NAMED CHAIRMAN OF ENOVA CORPORATION SAN DIEGO, Dec. 22, 1997 -- Stephen L. Baum has been named chairman of Enova Corporation, effective Jan. 1, 1998, succeeding Thomas A. Page, who retires from the post at the end of the year. Baum currently is president and chief executive officer of Enova and serves on both the Enova and SDG&E boards of directors. Baum, 56, joined SDG&E in 1985, and, since that time, has held officer positions with responsibility for all aspects of the utility business, including overseeing the company's marketing and customer service operations; government and regulatory services; strategic planning; and corporate services, including legal, human resources, corporate communications, real estate operations, safety and environmental services. He has served as president and CEO of Enova since January 1996. Donald E. Felsinger, president and CEO of SDG&E and executive vice president of Enova, has been promoted to president and chief operating officer of Enova, effective Jan. 1, 1998. Felsinger has been SDG&E's president and CEO and executive vice president of Enova since January 1996. Effective today, Edwin A. Guiles, senior vice president of Enova, is promoted to president of SDG&E and joins SDG&E's board of directors. Guiles also will be promoted to executive vice president of Enova as of Jan. 1, 1998. - - more - Due to new affiliate-transaction rules instituted by the California Public Utilities Commission (CPUC), several other executive management and board changes were announced today by the company. The CPUC rules, issued Dec. 16, 1997, state that a board member or corporate officer of a holding company may also serve with either a utility or its affiliate, but not both. As a result, Baum maintains his seat on the Enova and affiliate boards of directors, but immediately resigns his seat on the SDG&E board of directors and his position as chairman- elect and vice chairman of SDG&E. Felsinger also immediately resigns his positions with SDG&E and its board. Daniel W. Derbes, a member of both the Enova and SDG&E boards, becomes non- executive chairman of SDG&E, effective today. David R. Kuzma, senior vice president, chief financial officer and treasurer of both Enova and SDG&E, resigns from SDG&E but remains with Enova and other affiliates in the same capacity. Frank H. Ault, assumes the position of chief financial officer and treasurer of SDG&E in addition to his current post as vice president and controller of SDG&E. Page will continue on the Enova and SDG&E boards of directors until April 28, 1998, when he will retire from both boards. Last October, Enova Corporation and Pacific Enterprises jointly announced an agreement to combine their companies. Pacific Enterprises is the parent company of Southern California Gas Company, the largest natural gas distribution company in the United States. It is expected that all regulatory approvals will be gained the new company will be operational in the summer of 1998. The newly combined company will be called Sempra Energy. - - more - Richard D. Farman, president and chief operating officer of Pacific Enterprises, will become chairman and chief executive officer of Sempra Energy; and Baum will become Sempra Energy's vice chairman, president and chief operating officer. Baum will become CEO of Sempra Energy two years after the effective date of the merger, and will add the title of chairman by September 2000, when Farman retires. Felsinger will become president and the principal executive officer of the unregulated businesses of Sempra Energy and Warren Mitchell, president of Southern California Gas Company, will become president and the principal executive officer of the new company's regulated operations, both reporting to the new Office of the Chairman which will consist of Farman and Baum. Enova Corporation (NYSE ENA), based in San Diego, is a leading energy management company providing electricity, gas and value-added products and services in the United States and Mexico. Enova is the parent company of San Diego Gas & Electric Company (SDG&E) and six other U.S.-based subsidiaries -- Enova Energy, Enova International, Enova Technologies, Enova Financial, Califia and Pacific Diversified Capital. SDG&E has 1.2 million electric meters and 715,000 natural gas meters, serving 3 million consumers in San Diego and southern Orange counties. # # # -----END PRIVACY-ENHANCED MESSAGE-----