{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-013640","form_type":"8-K","ticker":null,"cik":"0000885568","company_name":"OLD DOMINION ELECTRIC COOPERATIVE","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.143270+00:00","generated_at":"2026-06-06T04:38:05.800600+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"ODEC appoints John C. Lee Jr. as President and CEO, consulting agreement through 2025","bullets":["John C. Lee, Jr. resigned from board effective Feb 9, 2024; appointed President and CEO on Feb 6, 2024, after serving as interim since Sep 8, 2023.","Consulting agreement: monthly compensation of $125,000, auto allowance of $1,500, housing allowance, term through Dec 31, 2025.","He remains officer/employee of Mecklenburg Electric Cooperative; will serve as consultant and later Senior Advisor.","If terminated without cause, receives lump sum of remaining unpaid amount through Dec 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-013640","json":"https://secwatch.observer/filing/0000950170-24-013640.json","markdown":"https://secwatch.observer/filing/0000950170-24-013640.md","text":"https://secwatch.observer/filing/0000950170-24-013640.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885568/000095017024013640/0000950170-24-013640-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885568/000095017024013640/ck0000885568-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:38:05.800600+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":"727db77e58","claim":"John C. Lee, Jr. was appointed as President and CEO at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"On February 6, 2024, our board of directors appointed John C. Lee, Jr. as President and CEO of ODEC.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017024013640/0000950170-24-013640-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and CEO"}],"fact_type":"executive_change"},{"claim_id":"870281ee99","claim":"John C. Lee, Jr. resigned as Director at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"On February 9, 2024, John C. Lee, Jr. resigned from the board of directors of Old Dominion Electric Cooperative (\"ODEC\"), effective as of that date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017024013640/0000950170-24-013640-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}