---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-324671"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:49:23.879570+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas Board adds two directors, unanimously rejects Icahn's $75/share tender offer

## Summary
- Board appointed E. Renae Conley and Carlos A. Ruisanchez as independent directors effective Jan 1, 2022; Melarkey and Comer to retire at 2022 annual meeting.
- Robert L. Boughner to succeed Melarkey as Chair; Board will be 10 directors, 9 independent after retirements.
- Board unanimously recommends stockholders reject Icahn's $75/share tender offer, deeming it inadequate, coercive, and highly conditional.
- Board cites 7.5% annual ratebase growth, Questar Pipelines acquisition, and Centuri's expansion as key value drivers.

## SEC filing metadata
- accession: 0001193125-21-324671
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/d231425d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-324671
- JSON: https://secwatch.observer/filing/0001193125-21-324671.json
- Plain text: https://secwatch.observer/filing/0001193125-21-324671.txt

## Key facts
- Executive change
  Carlos A. Ruisanchez was appointed as Director at Southwest Gas Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed E. Renae Conley and Carlos A. Ruisanchez to fill the vacancies created by the increased size of the Board, in each case, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
- Executive change
  Robert L. Boughner changed role as Chair at Southwest Gas Holdings, Inc..
  - Action: will replace Mr. Melarkey as Chair
  - Role: Chair
  source text: upon the effectiveness of Mr. Melarkey’s resignation, Robert L. Boughner, a current Board member, will replace Mr. Melarkey as Cha
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
- Executive change
  E. Renae Conley was appointed as Director at Southwest Gas Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed E. Renae Conley and Carlos A. Ruisanchez to fill the vacancies created by the increased size of the Board, in each case, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
- Executive change
  Michael J. Melarkey departed as Director at Southwest Gas Holdings, Inc..
  - Action: not stand for reelection
  - Role: Director
  source text: Michael J. Melarkey and Stephen C. Comer each informed the Board of their decisions not to stand for reelection at the Company’s 2022 annual meeting of stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm
- Executive change
  Stephen C. Comer departed as Director at Southwest Gas Holdings, Inc..
  - Action: not stand for reelection
  - Role: Director
  source text: Michael J. Melarkey and Stephen C. Comer each informed the Board of their decisions not to stand for reelection at the Company’s 2022 annual meeting of stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312521324671/0001193125-21-324671-index.htm

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