---
schema_version: "secwatch.filing_event.v1"
accession: "0001637880-25-000029"
form_type: "8-K"
ticker: null
cik: "0001637880"
company_name: "Tri-State Generation & Transmission Association, Inc."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:42:49.848332+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tri-State G&T appoints interim CFO Clifton Karnei after CFO Telesz resignation

## Summary
- Todd Telesz resigned as CFO effective June 13, 2025 to join Hallador Energy.
- Clifton Karnei appointed interim CFO effective June 16, 2025; brings 30+ years utility experience, previously EVP/GM of Brazos Electric.
- Karnei's base bi-weekly salary is $23,077.41; employment expected 3–6 months until permanent CFO hired.
- Tri-State retains Mycoff Fry Partners to search for permanent CFO; Karnei will serve until then.
- Tri-State emphasizes upcoming investment cycle in resource plan and transmission; previous CFO departure for competitor.

## SEC filing metadata
- accession: 0001637880-25-000029
- form_type: 8-K
- cik: 0001637880
- company_name: Tri-State Generation & Transmission Association, Inc.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637880/000163788025000029/0001637880-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637880/000163788025000029/tris-20250606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637880-25-000029
- JSON: https://secwatch.observer/filing/0001637880-25-000029.json
- Plain text: https://secwatch.observer/filing/0001637880-25-000029.txt

## Key facts
- Executive change
  Clifton Karnei was appointed as Interim Chief Financial Officer at Tri-State Generation & Transmission Association, Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On June 6, 2025, Clifton Karnei, age 63, accepted the temporary position as our Interim Chief Financial Officer, subject to completion of applicable pre-employment procedures.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637880/000163788025000029/0001637880-25-000029-index.htm
- Executive change
  Todd E. Telesz resigned as Chief Financial Officer at Tri-State Generation & Transmission Association, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: on June 2, 2025, Todd E. Telesz, our Senior Vice President and Chief Financial Officer, informed us that he intends to resign on June 13, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637880/000163788025000029/0001637880-25-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.