0000950170-23-028050.txt : 20230615 0000950170-23-028050.hdr.sgml : 20230615 20230614185013 ACCESSION NUMBER: 0000950170-23-028050 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20230614 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230615 DATE AS OF CHANGE: 20230614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACK HILLS CORP /SD/ CENTRAL INDEX KEY: 0001130464 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 460458824 STATE OF INCORPORATION: SD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31303 FILM NUMBER: 231015553 BUSINESS ADDRESS: STREET 1: 7001 MT RUSHMORE RD STREET 2: PO BOX 1400 CITY: RAPID CITY STATE: SD ZIP: 57709 BUSINESS PHONE: 6057212343 MAIL ADDRESS: STREET 1: 7001 MT RUSHMORE RD STREET 2: PO BOX 1400 CITY: RAPID STATE: SD ZIP: 57709 FORMER COMPANY: FORMER CONFORMED NAME: BLACK HILLS HOLDING CORP DATE OF NAME CHANGE: 20001222 8-K 1 bkh-20230614.htm 8-K 8-K
0001130464false00011304642023-06-142023-06-14

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 14, 2023

 

 

Black Hills Corporation

(Exact name of Registrant as Specified in Its Charter)

 

 

South Dakota

001-31303

46-0458824

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

7001 Mount Rushmore Road

 

Rapid City, South Dakota

 

57702

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 605 721-1700

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common stock of $1.00 par value

 

BKH

 

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On June 14, 2023, the Company announced that the Board of Directors appointed Marne M. Jones as the Senior Vice President - Utilities effective June 15, 2023. Ms. Jones, age 50, has 21 years of service with the Company serving in roles of increasing responsibility in the operations, finance, accounting, and regulatory areas. She has served as the Company’s Vice President – Electric Utilities since July 2021 and Vice President - Regulatory and Finance from June 2018 to July 2021.

 

Ms. Jones’ base salary will be $420,000, her target percentage under the Company’s Short-Term Incentive Plan will be 55% of base salary and her target under the Company’s Long-Term Incentive Plan will be $350,000.

 

The press release is attached as Exhibit 99 to this Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

99

Press release dated June 14, 2023

104

Cover Page Interactive Data File (formatted as the inline XBRL document)

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

BLACK HILLS CORPORATION

 

 

 

 

Date:

June 14, 2023

By:

/s/ Brian G. Iverson

 

 

 

Brian G. Iverson
Senior Vice President

 


EX-99 2 bkh-ex99.htm EX-99 EX-99

img129363028_0.jpg

 

Black Hills Corp. Announces Key Executive Leadership Appointments

 

RAPID CITY, S.D. – June 14, 2023 – Black Hills Corp. (NYSE: BKH) today announced changes within the company’s senior management team and appointed a new vice president and treasurer.

 

Todd Jacobs is now senior vice president growth and strategy and Marne Jones is now senior vice president utilities, both effective June 15, 2023. Both report directly to Linn Evans, president and CEO.

 

“These changes position the company with highly skilled, tenured and energized leaders committed to driving growth,” said Evans. “These leadership changes will further focus our team on driving operational efficiencies and supporting the needs of our customers and communities.”

 

New Appointments

 

Jacobs, who has more than 16 years of investor-owned utility experience, joined the company in 2014. He has served in roles of increasing responsibility in legal, regulatory, corporate services, operations, corporate development and strategy.

 

In his new role, Jacobs now leads the company’s strategic efforts related to growth, strategy, business development, regulatory, government affairs, sustainability, renewable natural gas, communications and community affairs.

 

Jacobs holds a bachelor’s degree from the Virginia Military Institute, a juris doctor from the University of Missouri-Kansas City and completed an advanced management program (The Executive Program) at the University of Virginia’s Darden School of Business. Jacobs served on active duty for seven years as a U.S. Army officer.

 

Jones joined the company in 2001 and has advanced through roles of increasing responsibility in finance, accounting, corporate services, regulatory and utility operations, and most recently as vice president electric utilities.

 

In her new role, Jones has responsibility for electric and natural gas utility operations, transmission and resource planning, customer service and safety.

 

Jones brings 21 years of utility experience and previous banking experience to her role. She holds a finance degree from the University of Wyoming.

 

Other Leadership Changes

 

The company also announced that it appointed Tom Stevens as vice president and treasurer effective June 15, 2023, reporting to Kimberly Nooney, senior vice president and chief financial officer. Stevens joined Black Hills in 2018 as the director of regulatory and finance and served most recently as vice president regulatory.

 

 


Stevens brings 15 years of utility industry experience to his new role, including two years with the Arkansas Public Service Commission. He holds a bachelor’s degree in economics/finance from Southwest Baptist University and a Master in Business Administration from Southern Methodist University.

###

 

Black Hills Corporation

Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

 

Jerome E. Nichols

605-721-1171

jerome.nichols@blackhillscorp.com

 

24-hour Media Assistance

888-242-3969

2

 


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Document And Entity Information
Jun. 14, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Jun. 14, 2023
Entity Registrant Name Black Hills Corporation
Entity Central Index Key 0001130464
Entity Emerging Growth Company false
Securities Act File Number 001-31303
Entity Incorporation, State or Country Code SD
Entity Tax Identification Number 46-0458824
Entity Address, Address Line One 7001 Mount Rushmore Road
Entity Address, City or Town Rapid City
Entity Address, State or Province SD
Entity Address, Postal Zip Code 57702
City Area Code 605
Local Phone Number 721-1700
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock of $1.00 par value
Trading Symbol BKH
Security Exchange Name NYSE

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