Black Hills Corp CEO Compensation Agreement
Ticker: BKH · Form: 8-K · Filed: Aug 12, 2024 · CIK: 1130464
| Field | Detail |
|---|---|
| Company | Black Hills Corp /Sd/ (BKH) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: BKH
TL;DR
BKH CEO Hanson gets new comp agreement, details on salary & incentives filed.
AI Summary
Black Hills Corporation announced on August 9, 2024, changes in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its President and Chief Executive Officer, Christopher L. Hanson, effective August 9, 2024. The agreement outlines his base salary, annual incentive opportunity, and long-term incentive awards.
Why It Matters
This filing details the compensation structure for the CEO, providing insight into the company's executive remuneration strategy and potential future financial commitments.
Risk Assessment
Risk Level: low — The filing concerns executive compensation, which is a standard corporate disclosure and does not indicate immediate financial distress or significant operational changes.
Key Players & Entities
- Black Hills Corporation (company) — Registrant
- Christopher L. Hanson (person) — President and Chief Executive Officer
- August 9, 2024 (date) — Effective date of employment agreement
FAQ
What is the effective date of the new employment agreement for Christopher L. Hanson?
The new employment agreement for Christopher L. Hanson is effective as of August 9, 2024.
Who is the President and Chief Executive Officer of Black Hills Corporation?
Christopher L. Hanson is the President and Chief Executive Officer of Black Hills Corporation.
What type of compensation is detailed in the new employment agreement?
The new employment agreement details Christopher L. Hanson's base salary, annual incentive opportunity, and long-term incentive awards.
What is the company's state of incorporation?
Black Hills Corporation is incorporated in South Dakota.
What is the filing date of this Current Report on Form 8-K?
This Current Report on Form 8-K was filed as of August 12, 2024.
Filing Stats: 446 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2024-08-12 16:10:52
Key Financial Figures
- $1.00 — e on which registered Common stock of $1.00 par value BKH The New York Stock Ex
Filing Documents
- bkh-20240809.htm (8-K) — 34KB
- 0000950170-24-095429.txt ( ) — 140KB
- bkh-20240809.xsd (EX-101.SCH) — 23KB
- bkh-20240809_htm.xml (XML) — 4KB
SIGNATURES
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: August 12, 2024 By: /s/ Kimberly F. Nooney Senior Vice President and Chief Financial Officer