Con Edison CFO Hoglund to retire July 8; Kirkland Andrews named successor from Evergy

CONSOLIDATED EDISON INC

Robert Hoglund to retire as CFO effective July 8, 2024; will remain SVP until later in 2024 for transition.
Kirkland Andrews, previously CFO of Evergy, appointed SVP and CFO effective July 8; reports to CEO Tim Cawley.
Andrews' compensation: base salary $810K, target incentive 80% of base, LTIP target 210% of base, plus $4.5M one-time RSU vesting over 3 years.
Andrews brings 13 years of utility CFO experience (Evergy, NRG Energy); serves on RPM International board.
Hoglund had 20-year tenure; under his leadership Con Edison increased dividend for 50th consecutive year.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Kirkland B. Andrews

Senior Vice President and Chief Financial Officer

ED · CONSOLIDATED EDISON INC

Effective: 2024-07-08
Filed: June 10, 2024, 7:59 PM ET

Con Edison and CECONY announced that Kirkland B. Andrews will succeed Mr. Hoglund as Senior Vice President and Chief Financial Officer (principal financial officer), effective July 8, 2024.

Departed

Robert Hoglund

Senior Vice President and Chief Financial Officer

ED · CONSOLIDATED EDISON INC

Effective: 2024-07-08
Successor: Kirkland B. Andrews
Filed: June 10, 2024, 7:59 PM ET

On June 4, 2024, Robert Hoglund, Senior Vice President and Chief Financial Officer (principal financial officer) of each of Consolidated Edison, Inc. (“Con Edison”) and Consolidated Edison Company of New York, Inc. (“CECONY”) announced his plan to retire from the role of the Chief Financial Officer on July 8, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kirkland B. Andrews was appointed as Senior Vice President and Chief Financial Officer at CONSOLIDATED EDISON INC.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Con Edison and CECONY announced that Kirkland B. Andrews will succeed Mr. Hoglund as Senior Vice President and Chief Financial Officer (principal financial officer), effective July 8, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Hoglund departed as Senior Vice President and Chief Financial Officer at CONSOLIDATED EDISON INC.

Action: retire
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On June 4, 2024, Robert Hoglund, Senior Vice President and Chief Financial Officer (principal financial officer) of each of Consolidated Edison, Inc. (“Con Edison”) and Consolidated Edison Company of New York, Inc. (“CECONY”) announced his plan to retire from the role of the Chief Financial Officer on July 8, 2024.

View on SEC.gov

CONSOLIDATED EDISON INC filing history →

Source: SEC EDGAR

accession 0001193125-24-157843

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