8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  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) May 7, 2008

Dominion Resources, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Virginia (State or other jurisdiction of incorporation) 001-08489 (Commission File Number) 54-1229715 (IRS Employer Identification No.)

120 Tredegar Street Richmond, Virginia (Address of Principal Executive Offices)   23219 (Zip Code)

Registrant’s Telephone Number, Including Area Code (804) 819-2000

(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 (see General Instruction A.2. below):

o                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

On May 7, 2008, Dominion Resources, Inc. (the “Company” or “Dominion”) announced that, effective June 1, 2008, Jay L. Johnson will resign from his position as Executive Vice President of Dominion.  Subject to approval by the Company’s Board of Directors, effective June 1, 2008, David A. Heacock will be elected as Senior Vice President of Dominion.   Also effective June 1, 2008, Mr. Johnson will cease service as  chief executive officer of Dominion’s operating segment, Dominion Virginia Power, and Thomas F. Farrell, II, Dominion’s Chairman, President and Chief Executive Officer, will serve as chief executive officer of the Dominion Virginia Power operating segment.

Item 9.01 Financial Statements and Exhibits.

Exhibit
99	Dominion Resources, Inc. press release dated May 7, 2008

SIGNATURE

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.

DOMINION RESOURCES, INC.

Registrant

/s/ James P. Carney

James P. Carney

Vice President and Assistant Treasurer

Date: May 9, 2008

EX-99

[Logo]

FOR IMMEDIATE RELEASE

May 7, 2008

Company: Dominion

Contacts:
Media:	Mark Lazenby, (804) 819-2042, Mark.Lazenby@dom.com
Analysts:	Laura Kottkamp, (804) 819-2254, Laura.E.Kottkamp@dom.com

JOHNSON TO RETIRE AS CEO OF DOMINION VIRGINIA POWER;

WILL ASSUME VICE CHAIRMANSHIP OF GENERAL DYNAMICS

RICHMOND, Va. – Jay L. Johnson, executive vice president and chief executive officer of Dominion Virginia Power,  a unit of Dominion (NYSE: D), will retire effective June 1, the company announced today.

Johnson is joining General Dynamics (NYSE: GD) as vice chairman of its board of directors and as an officer, effective September 2.  He will become that company’s chief executive officer on July 1, 2009.  Johnson has been a member of the General Dynamics board of directors since 2003.

“Jay has been a significant contributor to the Dominion success story,” said Thomas F. Farrell II, Dominion chairman, president and chief executive officer. “We will miss his insights, but he will bring invaluable skills as a strategist and leader to his new role at General Dynamics.”

Nicholas D. Chabraja, General Dynamics chairman and chief executive officer, said:  “We are extremely pleased to have Jay join our senior management team.  He has been a trusted adviser and member of our board for five years.  His experience as a successful corporate executive and, previously, as Chief of Naval Operations of the U.S. Navy prepares him to be a successful and effective leader of General Dynamics.”

Johnson said:  “I am moving from one great company to another.  And while I am excited about this tremendous opportunity with General Dynamics, the experience that I have gained and the friendships that I have made at Dominion are second to none.”

Johnson was elected to his current position at Dominion in October 2007. In that role, he is in charge of an organization that provides electricity to nearly 2.4 million homes and businesses. Prior to that, Johnson served as president and chief executive officer of Dominion Delivery and senior vice president of Business Excellence, where he was responsible for the implementation of Six Sigma.  Johnson joined Dominion in September 2000.

Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 26,500 megawatts of generation, 1.1 trillion cubic feet equivalent of proved natural gas and oil reserves and 14,000 miles of natural gas transmission, gathering and storage pipeline. Dominion also owns the nation’s largest underground natural gas storage system and operates more than 975 billion cubic feet of storage capacity, and serves retail energy customers in 11 states. For more information about Dominion, visit the company’s Web site at www.dom.com.

General Dynamics is based in Falls Church, Va., and is a market leader in business aviation; land and expeditionary combat vehicles and systems, armaments, and munitions; shipbuilding and marine systems; and mission-critical information systems and technologies.  The company employs approximately 83,500 people worldwide and reported 2007 revenues of $27.2 billion.

#####