01—Abstract
Summary
Summary of the 8-K filed July 1, 2025. Cited figures are marked; the original filing is the authoritative source.
Dominion Energy, Inc. has announced a significant leadership change within its finance department.
Ms. Michele L. Cardiff, the current Senior Vice President, Controller, and Chief Accounting Officer, has informed the company of her intention to retire effective October 1, 2025. This marks the end of her tenure in a critical financial oversight role.
Following Ms. Cardiff's retirement, the Board of Directors has elected Gary G. Ratliff, Jr. to assume the position of Vice President, Controller, and Chief Accounting Officer, also effective October 1, 2025.
Mr. Ratliff, a seasoned executive within Dominion Energy with a strong background in accounting and a CPA certification, has been promoted from his recent role as Vice President – Accounting. His compensation will be adjusted to an annual base salary of $290,035a in his new capacity.
02—Key points
Key Highlights
- Michele L. Cardiff, Senior Vice President, Controller, and Chief Accounting Officer, to retire effective October 1, 2025.
- Gary G. Ratliff, Jr. elected as Vice President, Controller, and Chief Accounting Officer, effective October 1, 2025.
- Mr. Ratliff has extensive experience within Dominion Energy's accounting and finance departments.
- Mr. Ratliff's current role is Vice President – Accounting, a position he has held since April 1, 2025.
- Mr. Ratliff's annual base salary will increase to $290,035 upon assuming the new role.
- Mr. Ratliff is a certified public accountant with a degree in commerce with an accounting concentration.
03—Questions
Frequently Asked Questions
What is the primary reason for this filing?
This filing is an 8-K, which reports a significant event. In this case, it's to announce the retirement of a key officer (Ms. Cardiff) and the appointment of her successor (Mr. Ratliff).
Who is succeeding Ms. Cardiff as Controller and Chief Accounting Officer?
Gary G. Ratliff, Jr., who is currently the Vice President – Accounting, has been elected to the role of Vice President, Controller, and Chief Accounting Officer.
When will these changes take effect?
Both Ms. Cardiff's retirement and Mr. Ratliff's appointment as Controller and Chief Accounting Officer will be effective on October 1, 2025.
What is the compensation for the new Controller and Chief Accounting Officer?
Effective October 1, 2025, Mr. Ratliff's annual base salary will be $290,035 in his new role.
04—Continue