Jennifer Paquette to step down as director; Matthew Sallee succeeds Courtney Gengler as CEO

TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC

Director Jennifer Paquette notified company she will not stand for reelection at 2024 Annual Meeting; no disagreement cited.
Board appointed Matthew Sallee as CEO effective June 7, 2024, succeeding Courtney Gengler who departs to pursue other opportunities.
Sallee, age 45, continues as Managing Director of Tortoise Capital Advisors; previously served in various roles since 2005.

item 5.02

Executive movements

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

Departed

Courtney Gengler

Chief Executive Officer

TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC

Effective: 2024-06-07
Successor: Matthew Sallee
Filed: June 3, 2024, 7:59 PM ET

The appointment was made in connection with the departure of Ms. Gengler, who is leaving Tortoise Capital Advisors, L.L.C. (the “ Adviser ”) to pursue other opportunities effective as of the close of business on June 7, 2024.

Departed

Jennifer Paquette

Director

TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC

Filed: June 3, 2024, 7:59 PM ET

On May 29, 2024, Jennifer Paquette, a director of Tortoise Power and Energy Infrastructure Fund, Inc. (the “ Company ”), notified the Company of her decision not to stand for reelection when her current term expires at the Company’s 2024 Annual Meeting of Stockholders.

Appointed

Matthew Sallee

Chief Executive Officer

TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC

Effective: 2024-06-07
Filed: June 3, 2024, 7:59 PM ET

Additionally, effective June 3, 2024, the Board of Directors of the Company appointed Matthew Sallee to succeed Courtney Gengler as Chief Executive Officer of the Company, effective as of the close of business on June 7, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Courtney Gengler departed as Chief Executive Officer at TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC.

Action: departed
Role: Chief Executive Officer

Exact text from the filing

The appointment was made in connection with the departure of Ms. Gengler, who is leaving Tortoise Capital Advisors, L.L.C. (the “ Adviser ”) to pursue other opportunities effective as of the close of business on June 7, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Paquette departed as Director at TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC.

Action: not stand for reelection
Role: Director

Exact text from the filing

On May 29, 2024, Jennifer Paquette, a director of Tortoise Power and Energy Infrastructure Fund, Inc. (the “ Company ”), notified the Company of her decision not to stand for reelection when her current term expires at the Company’s 2024 Annual Meeting of Stockholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Sallee was appointed as Chief Executive Officer at TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Additionally, effective June 3, 2024, the Board of Directors of the Company appointed Matthew Sallee to succeed Courtney Gengler as Chief Executive Officer of the Company, effective as of the close of business on June 7, 2024.

View on SEC.gov

Source: SEC EDGAR

accession 0001140361-24-028628

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