8-KEarnings & ResultsLeadership ChangesShareholder Matters+2

EVERSOURCE ENERGY 8-K Report, Financial Results (May 10, 2021)

Filed May 10, 2021For Securities:ES

Summary

Eversource Energy (ES) filed an 8-K on May 10, 2021, primarily reporting on its first-quarter 2021 financial results and key corporate governance updates. The company announced its unaudited financial results for the three months ended March 31, 2021, via a press release (Exhibit 99.1) and a related financial report (Exhibit 99.2), which are incorporated by reference. These filings provide investors with timely insights into the company's operational and financial performance during the initial quarter of the year. Additionally, the report details significant changes within its Board of Trustees. Joseph R. Nolan, Jr. was elected as a Trustee and appointed to the Executive Committee, while William C. Van Faasen was appointed as Lead Independent Trustee. The 8-K also confirms the outcomes of the 2021 Annual Meeting of Shareholders, including the election of all 11 Trustee nominees, the advisory approval of executive compensation for 2020, and the ratification of Deloitte & Touche LLP as the independent auditor for 2021. A webcast of a conference call to discuss these results was scheduled for the same day.

Key Highlights

  • 1Eversource Energy released its unaudited first-quarter 2021 financial results on May 10, 2021.
  • 2Joseph R. Nolan, Jr. was elected as a new Trustee and appointed to the Executive Committee.
  • 3William C. Van Faasen was appointed as Lead Independent Trustee.
  • 4Shareholders re-elected all 11 nominees for the Board of Trustees.
  • 5The compensation of the Company's 2020 Named Executive Officers was approved on an advisory basis.
  • 6Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2021.
  • 7The company scheduled a webcast conference call for May 10, 2021, to discuss Q1 2021 financial performance.

Frequently Asked Questions

This 8-K filing announces Eversource Energy's unaudited financial results for the first quarter ended March 31, 2021. Specific details of these results are provided in the press release (Exhibit 99.1) and the financial report (Exhibit 99.2) attached to the filing, which investors can review for performance insights.

Yes, the Board of Trustees announced the election of Joseph R. Nolan, Jr. as a new Trustee and appointed him to the Executive Committee. Additionally, William C. Van Faasen was appointed as the Lead Independent Trustee.

At the May 5, 2021, Annual Meeting, shareholders re-elected all 11 nominees for the Board of Trustees. They also approved, on an advisory basis, the compensation of the Company's 2020 Named Executive Officers, and ratified the selection of Deloitte & Touche LLP as the independent auditor for 2021.

More detailed financial information, including the company's Q1 2021 performance, was discussed during a webcast conference call on May 10, 2021. The presentation slides for this call are attached as Exhibit 99.3 to the 8-K filing and are also accessible on the Investors section of the Eversource Energy website.