PNM Resources promotes Joseph Tarry to President & COO; Elisabeth Eden named CFO

TXNM ENERGY INC

Joseph Tarry, previously SVP & CFO, becomes President & COO effective May 21, 2022; CEO Pat Collawn remains.
Tarry base salary set at $505,000; AIP target 70% of salary; LTIP performance shares 115.5% on pro-rata basis.
Elisabeth Eden promoted from VP & Treasurer to SVP, CFO & Treasurer, also effective May 21, 2022.
Eden base salary $375,000; AIP target 60% of salary; LTIP awards consistent with other SVP levels.
Tarry, 51, joined PNM in 1996; Eden, 55, joined in 2001; both previously held multiple leadership roles.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Joseph D. Tarry

President and Chief Operating Officer

TXNM · TXNM ENERGY INC

Effective: 2022-05-21
Filed: May 19, 2022, 7:59 PM ET

Effective May 21, 2022, Joseph D. Tarry, PNM Resources, Inc.’s (the “Company”) Senior Vice President and Chief Financial Officer, was promoted to President and Chief Operating Officer (“COO”) of the Company.

Role change

Elisabeth A. Eden

Senior Vice President, Chief Financial Officer and Treasurer

TXNM · TXNM ENERGY INC

Effective: 2022-05-21
Filed: May 19, 2022, 7:59 PM ET

Also effective May 21, 2022, Elisabeth A. Eden, the Company’s Vice President and Treasurer, was promoted to the position of Senior Vice President, Chief Financial Officer and Treasurer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph D. Tarry changed role as President and Chief Operating Officer at TXNM ENERGY INC.

Action: promoted
Role: President and Chief Operating Officer

Exact text from the filing

Effective May 21, 2022, Joseph D. Tarry, PNM Resources, Inc.’s (the “Company”) Senior Vice President and Chief Financial Officer, was promoted to President and Chief Operating Officer (“COO”) of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Elisabeth A. Eden changed role as Senior Vice President, Chief Financial Officer and Treasurer at TXNM ENERGY INC.

Action: promoted
Role: Senior Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

Also effective May 21, 2022, Elisabeth A. Eden, the Company’s Vice President and Treasurer, was promoted to the position of Senior Vice President, Chief Financial Officer and Treasurer of the Company.

View on SEC.gov

TXNM ENERGY INC filing history →

Source: SEC EDGAR

accession 0001108426-22-000034

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