Atmos Energy Corp. Announces Officer and Director Changes
Ticker: ATO · Form: 8-K · Filed: Sep 24, 2024 · CIK: 731802
Sentiment: neutral
Topics: corporate-governance, executive-appointments, officer-changes
Related Tickers: ATO
TL;DR
Atmos Energy (ATO) board and exec shake-up announced Sept 18. Watch for compensation details.
AI Summary
Atmos Energy Corp. announced on September 18, 2024, changes in its officer and director positions. Specifically, the company reported the departure of a director and the appointment of new officers, along with updates to compensatory arrangements for certain executives.
Why It Matters
Changes in corporate leadership and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive appointments, which are common and typically do not indicate significant operational risks.
Key Players & Entities
- ATMOS ENERGY CORP (company) — Registrant
- Texas (location) — State of Incorporation
- Virginia (location) — State of Incorporation
- September 18, 2024 (date) — Date of earliest event reported
FAQ
What specific officer positions were affected by the changes reported on September 18, 2024?
The filing indicates the appointment of certain officers, but does not specify the exact positions in the provided text.
Who is the departing director mentioned in the filing?
The filing states the departure of a director but does not name the individual.
What is the nature of the changes to compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements but does not provide specific details on the nature of these changes.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 18, 2024.
What is Atmos Energy Corp.'s primary business as indicated by its SIC code?
Atmos Energy Corp.'s Standard Industrial Classification (SIC) code is 4924, which corresponds to Natural Gas Distribution.
Filing Stats: 597 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-09-24 16:31:00
Key Financial Figures
- $265,000 — with Ms. Faulk, her base salary will be $265,000 and she will be eligible to participate
Filing Documents
- d798097d8k.htm (8-K) — 25KB
- 0001193125-24-224826.txt ( ) — 173KB
- ato-20240918.xsd (EX-101.SCH) — 3KB
- ato-20240918_def.xml (EX-101.DEF) — 13KB
- ato-20240918_lab.xml (EX-101.LAB) — 21KB
- ato-20240918_pre.xml (EX-101.PRE) — 14KB
- d798097d8k_htm.xml (XML) — 4KB
From the Filing
8-K 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 September 18, 2024 Date of Report (Date of earliest event reported) ATMOS ENERGY CORP ORATION (Exact Name of Registrant as Specified in its Charter) Texas AND Virginia 1-10042 75-1743247 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1800 THREE LINCOLN CENTRE , 5430 LBJ FREEWAY , DALLAS , Texas 75240 (Address of Principal Executive Offices) (Zip Code) ( 972 ) 934-9227 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Securities registered pursuant to Section12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock No Par Value ATO New York Stock Exchange 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)) 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. Item5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 18, 2024, Michelle H. Faulk, Director of Accounting Services and Financial Reporting for Atmos Energy, was appointed by the Board of Directors as Vice President and Controller, effective October 1, 2024. In this role she will serve as the Company's principal accounting officer. Ms. Faulk, 47, joined Atmos Energy in 2009 where she served as Manager, Financial Reporting. In 2017, she became Director, Financial Reporting, before she assumed her role as Director of Accounting Services and Financial Reporting in 2020. Before joining the company in 2009, she was a Senior Manager with KPMG LLP in the firm's audit group, where she began her career upon graduation from Texas Christian University in May 2001. Although Atmos Energy is not a party to any employment agreement with Ms. Faulk, her base salary will be $265,000 and she will be eligible to participate in all applicable incentive, benefit, change in control and other executive compensation plans offered by the company to its corporate officers. Ms. Faulk has not received any grant or award under any company plan, contract or arrangement in connection with her appointment. Ms. Faulk succeeds Richard M. Thomas, current Vice President and Controller for Atmos Energy, who was promoted to Vice President, Financial Services by the Board of Directors, effective October 1, 2024. 2 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. ATMOS ENERGY CORPORATION (Registrant) DATE: September 24, 2024 By: /s/ CHRISTOPHER T. FORSYTHE Christopher T. Forsythe Senior Vice President and Chief Financial Officer 3