Summary
This 8-K filing from Northeast Utilities (NU), now known as Eversource Energy, reports a significant leadership change. James F. Cordes has announced his intention to retire from the NU Board of Trustees, effective at the end of his current term on May 11, 2010. This announcement is primarily informational regarding board composition and governance. Investors should monitor any subsequent filings for information regarding potential replacements or adjustments to board structure and strategy that may arise from this departure.
Key Highlights
- 1James F. Cordes, a member of the NU Board of Trustees, has announced his retirement.
- 2The retirement is planned to take effect at the conclusion of his current term on May 11, 2010.
- 3The filing is made under Section 5, Item 5.02 of Form 8-K, concerning the departure of a director.
- 4Northeast Utilities (NU) is the registrant, the precursor to Eversource Energy (ES).
- 5The earliest event reported is January 19, 2010, with the filing date of January 21, 2010.
- 6No immediate executive officer changes or new appointments are detailed in this specific report.
- 7This filing primarily serves to inform the market of a planned change in board membership.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally announce the planned retirement of James F. Cordes from the Northeast Utilities (NU) Board of Trustees.
James F. Cordes' retirement will be effective at the end of his current term on May 11, 2010.
This specific filing only addresses the retirement of James F. Cordes. It does not detail any other management changes, new appointments, or other board composition adjustments.
Yes, Northeast Utilities (NU) is the former name of Eversource Energy (ES). This filing was made when the company operated under the Northeast Utilities name.