secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001193125-24-157843
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312524157843/0001193125-24-157843-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000119312524157843/d843922d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-157843

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer