secwatch.observer — SEC 8-K summary
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Issuer:     OGLETHORPE POWER CORP (—)
CIK:        0000788816
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001628280-24-046825
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oglethorpe Power appoints Annalisa Bloodworth as President and CEO effective Feb 1, 2025
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- Bloodworth, currently SVP and General Counsel, will succeed retiring CEO Mike Smith (40-year energy industry career).
- Employment agreement provides base salary of $906,000 per year, initial term through Dec 31, 2027 with auto-renewal.
- Bloodworth joined Oglethorpe in 2010, served as Deputy General Counsel before becoming General Counsel in 2017.
- Board conducted a thorough search; chairman cites Bloodworth's integrity and alignment with cooperative mission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788816/000162828024046825/0001628280-24-046825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788816/000162828024046825/opc-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-046825

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