secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001108426-22-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/0001108426-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108426/000110842622000034/pnm-20220519.htm
  HTML page:      https://secwatch.observer/filing/0001108426-22-000034

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