Summary
DTE Energy Company announced a key leadership change within its accounting department, effective June 21, 2021. Tracy Myrick, currently the Director – Technical and Corporate Accounting, has been appointed Chief Accounting Officer. This move is significant as it brings a new executive into a critical financial oversight role. Ms. Myrick's promotion includes an increase in her base salary and adjustments to her incentive plan targets, reflecting the increased responsibilities associated with the Chief Accounting Officer position. She will also gain eligibility for the Executive Supplemental Retirement Plan, a common benefit for senior executives.
Key Highlights
- 1Tracy Myrick appointed Chief Accounting Officer, effective June 21, 2021.
- 2Ms. Myrick will also serve as Chief Accounting Officer for DTE Electric Company.
- 3Current VP, Finance and Controller, Mark Rolling, will continue in his role, transitioning from Chief Accounting Officer.
- 4Ms. Myrick has been with DTE Energy since 2017 as Director – Technical and Corporate Accounting.
- 5The appointment comes with an increase in base salary and target percentages for Annual and Long Term Incentive Plans.
- 6Ms. Myrick will be eligible for the Executive Supplemental Retirement Plan.
Frequently Asked Questions
Tracy Myrick, currently Director – Technical and Corporate Accounting, has been appointed Chief Accounting Officer.
The appointment of Tracy Myrick as Chief Accounting Officer is effective June 21, 2021.
Mark Rolling, the current Vice President, Finance and Controller and Chief Accounting Officer, will continue his role as Vice President, Finance and Controller, relinquishing the Chief Accounting Officer title.
Ms. Myrick will receive an increase in her base salary and will have increased target percentages under the Company’s Annual Incentive Plan and Long Term Incentive Plan. She will also become eligible for the Executive Supplemental Retirement Plan.