secwatch.observer — SEC 8-K summary
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Issuer:     PUGET ENERGY INC /WA (—)
CIK:        0001085392
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001193125-24-066806
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Puget Energy appoints Jamie Martin as CFO effective May 20, 2024; Doyle moves to EVP in CEO office
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- Jamie Martin, formerly VP Undergrounding at PG&E, named SVP and CFO of Puget Energy & Puget Sound Energy.
- Daniel Doyle, interim CFO, becomes Executive VP in Office of the CEO, reporting to CEO Mary Kipp.
- Martin's base salary $550,000; annual incentive target 65% of salary; LTI cycles up to $1.2M for 2024-2026.
- Hiring bonus of $150,000 (repayable if resigns/terminated within 24 mo) plus $250,000 bonus payable Dec 2024.
- Relocation lump sum of $175,000 (net of taxes) also subject to repayment clause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085392/000119312524066806/0001193125-24-066806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81100/000119312524066806/d802265d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-066806

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