secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071537
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas Holdings CEO Karen Haller to resign; Justin Lee Brown named successor effective May 8, 2026
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- CEO Karen Haller resigns effective May 8, 2026; will serve as advisor through Dec 31, 2026 at $95,000/month.
- Justin Lee Brown appointed President and CEO effective May 8, 2026; also nominated to the Board.
- New CEO compensation: $900k base salary, 110% target cash incentive, $3.1M one-time PSU award, 330% LTIP target from 2027.
- Haller's resignation is not due to any disagreement with the Companies' operations, policies, or practices.
- Brown will also become CEO of Southwest Gas Corporation and will be appointed to its board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312526071537/0001193125-26-071537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000119312526071537/d838035d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071537

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