TXNM Energy names Brian Iverson as General Counsel to succeed retiring Patrick Apodaca

TXNM ENERGY INC

Iverson to assume role as General Counsel, SVP Regulatory & Public Policy, and Corporate Secretary no later than Sept 16, 2024.
Apodaca's retirement effective on Iverson's start date; succession previously disclosed in March 2024.
Iverson brings 20 years at Black Hills Corp, most recently as SVP, General Counsel and Chief Compliance Officer.
Compensation: $450K base, 70% target cash bonus, 135% LTIP, $30K sign-on cash, $400K sign-on equity (half vests immediately).
Iverson also eligible for relocation lump sum equal to two months base salary under relocation program.

item 5.02 item 8.01

Executive movements

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

Departed

Patrick Apodaca

Senior Vice President and General Counsel

TXNM · TXNM ENERGY INC

Effective: 2024-09-16
Successor: Brian G. Iverson
Filed: August 12, 2024, 7:59 PM ET

Having identified Mr. Iverson as Mr. Apodaca’s successor, Mr. Apodaca’s retirement will be effective as of the Start Date.

Appointed

Brian G. Iverson

General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary

TXNM · TXNM ENERGY INC

Effective: 2024-09-16
Filed: August 12, 2024, 7:59 PM ET

On August 12, 2024, the Company appointed Brian G. Iverson to succeed Patrick Apodaca as its General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary, effective upon his commencement of employment with the Company, which is anticipated to be no later than September 16, 2024 (the “Start Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Apodaca retired as Senior Vice President and General Counsel at TXNM ENERGY INC.

Action: retired
Role: Senior Vice President and General Counsel

Exact text from the filing

Having identified Mr. Iverson as Mr. Apodaca’s successor, Mr. Apodaca’s retirement will be effective as of the Start Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian G. Iverson was appointed as General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary at TXNM ENERGY INC.

Action: appointed
Role: General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary

Exact text from the filing

On August 12, 2024, the Company appointed Brian G. Iverson to succeed Patrick Apodaca as its General Counsel, Senior Vice President Regulatory and Public Policy, and Corporate Secretary, effective upon his commencement of employment with the Company, which is anticipated to be no later than September 16, 2024 (the “Start Date”).

View on SEC.gov

TXNM ENERGY INC filing history →

Source: SEC EDGAR

accession 0001108426-24-000087

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