Summary
This 8-K filing serves as an amendment to a previous filing regarding the retirement of Marvin E. McDaniel, Jr., a key officer at Xcel Energy Inc. (XEL). The amendment confirms that Mr. McDaniel's retirement will be effective June 1, 2018, as previously announced by the company on April 17, 2018. This follows his earlier notification in the second quarter of 2017 of his intention to retire during the second quarter of 2018. Investors should note that this filing specifically addresses the timing of Mr. McDaniel's departure and does not amend any other disclosures made in the original filing.
Key Highlights
- 1Confirms retirement date for Marvin E. McDaniel, Jr. as June 1, 2018.
- 2This is an amendment to a previous 8-K filing from October 27, 2017.
- 3Mr. McDaniel had previously notified Xcel Energy of his intention to retire during the second quarter of 2018.
- 4The company officially announced Mr. McDaniel's retirement on April 17, 2018.
- 5No other information from the original filing is being amended.
- 6The filing is specifically related to Item 5.02: Departure of Directors or Certain Officers.
Frequently Asked Questions
Marvin E. McDaniel, Jr. is an officer of Xcel Energy Inc. While the filing doesn't specify his exact title, his retirement is significant as it marks the departure of a key executive. Investors typically monitor such changes for potential impacts on company strategy and operations.
Mr. McDaniel's retirement is effective June 1, 2018.
No, this 8-K amendment specifically confirms the retirement date. It does not provide details on his compensation arrangements or introduce information about a successor.
The original filing on October 27, 2017, reported that Mr. McDaniel had notified Xcel Energy of his decision to retire during the second quarter of 2018. This amendment updates the specific effective date of his retirement.