---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-22-000034"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:04:09.521550+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001108426-22-000034
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/0001108426-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/pnm-20220519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-22-000034
- JSON: https://secwatch.observer/filing/0001108426-22-000034.json
- Plain text: https://secwatch.observer/filing/0001108426-22-000034.txt

## Key facts
- Executive change
  Joseph D. Tarry changed role as President and Chief Operating Officer at TXNM ENERGY INC.
  - Action: promoted
  - Role: President and Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/0001108426-22-000034-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/0001108426-22-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.