{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-053219","form_type":"8-K","ticker":null,"cik":"0000885568","company_name":"OLD DOMINION ELECTRIC COOPERATIVE","filed_at":"2023-10-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.253704+00:00","generated_at":"2026-06-10T00:25:47.847234+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"ODEC enters consulting agreement with Interim CEO Lee; monthly pay $80,000 plus allowances","bullets":["John C. Lee Jr. appointed Interim President & CEO effective Sept 8, 2023, after Marcus M. Harris resigned.","Consulting agreement: $80,000/month, $1,500 auto allowance, housing allowance; independent contractor.","Term begins Sept 8, 2023; either party may terminate on 30 days' notice or immediately for material breach.","Lee continues as President/CEO of Mecklenburg Electric Cooperative; ODEC acknowledges no conflict of interest.","Lee is not eligible for employee benefit plans and is solely responsible for all taxes."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-053219","json":"https://secwatch.observer/filing/0000950170-23-053219.json","markdown":"https://secwatch.observer/filing/0000950170-23-053219.md","text":"https://secwatch.observer/filing/0000950170-23-053219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885568/000095017023053219/0000950170-23-053219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885568/000095017023053219/ck0000885568-20231010.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T00:25:47.847234+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12bfb135af","claim":"John C. Lee, Jr. was appointed as Interim President and CEO at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"the board of directors of ODEC appointed Mr. Lee as the Interim President and CEO of ODEC, effective September 8, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017023053219/0000950170-23-053219-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim President and CEO"}],"fact_type":"executive_change"},{"claim_id":"e7e17272a1","claim":"Marcus M. Harris resigned as President and CEO at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"following the resignation of Marcus M. Harris, our former President and CEO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017023053219/0000950170-23-053219-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and CEO"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}