Summary
Eversource Energy (ES) announced a significant executive transition via an 8-K filing on March 14, 2023. Werner J. Schweiger, Executive Vice President and Chief Operating Officer, has informed the company of his intention to retire effective July 1, 2023. He will step down from his COO role on a date prior to retirement mutually agreed upon with the company, and will continue to serve as a strategic advisor until his departure. Following Mr. Schweiger's resignation from the COO position, James W. Hunt, III, currently Executive Vice President-Corporate Relations and Sustainability and Secretary, will assume the role of Chief Operating Officer on an interim basis. This filing primarily serves to inform investors of this planned leadership change and the interim appointment, with details of the press release announcing this transition attached as an exhibit.
Key Highlights
- 1Werner J. Schweiger, EVP and COO, announced his retirement effective July 1, 2023.
- 2Mr. Schweiger will resign from his COO position before July 1, 2023, by mutual agreement.
- 3James W. Hunt, III, EVP-Corporate Relations and Sustainability and Secretary, will serve as interim COO.
- 4Mr. Schweiger will continue to act as a strategic advisor to Mr. Hunt and the company until his retirement.
- 5The filing includes an attached press release from March 14, 2023, detailing the executive transition.