PSEG Announces Board Changes and Executive Appointments

Ticker: PEG · Form: 8-K · Filed: Sep 17, 2024 · CIK: 788784

Public Service Enterprise Group Inc 8-K Filing Summary
FieldDetail
CompanyPublic Service Enterprise Group Inc (PEG)
Form Type8-K
Filed DateSep 17, 2024
Risk Levellow
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: board-changes, executive-appointments, governance

Related Tickers: PEG

TL;DR

PSEG board shakeup: New directors in, old one out. Executive pay plans updated.

AI Summary

Public Service Enterprise Group Inc. (PSEG) announced on September 11, 2024, the departure of director Robert J. Valdes and the election of new directors, including Dr. Arlene Isaacs-Lowe and Dr. David L. Calhoun. The company also appointed new officers and updated compensatory arrangements for certain executives.

Why It Matters

Changes in board composition and executive roles can signal shifts in company strategy, governance, and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine board and executive changes, not significant financial distress or operational disruptions.

Key Players & Entities

  • Public Service Enterprise Group Inc. (company) — Registrant
  • Robert J. Valdes (person) — Departing Director
  • Dr. Arlene Isaacs-Lowe (person) — Newly Elected Director
  • Dr. David L. Calhoun (person) — Newly Elected Director
  • 001-09120 (company) — Commission File Number
  • 22-2625848 (company) — I.R.S. Employer Identification No.
  • September 11, 2024 (date) — Date of earliest event reported

FAQ

Who has departed from the PSEG Board of Directors?

Robert J. Valdes has departed from the PSEG Board of Directors as of September 11, 2024.

Who are the newly elected directors at PSEG?

Dr. Arlene Isaacs-Lowe and Dr. David L. Calhoun were elected as new directors.

What is the filing date for this 8-K report?

This 8-K report was filed as of September 17, 2024, with the earliest event reported on September 11, 2024.

What is PSEG's state of incorporation?

PSEG's state of incorporation is New Jersey.

What are the main items reported in this 8-K filing?

This 8-K reports the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, along with financial statements and exhibits.

Filing Stats: 529 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-09-17 08:30:01

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. Exhibit 99 Press Release dated September 17, 2024 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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 thereunto duly authorized. PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (Registrant) By: /s/ Rose M. Chernick ROSE M. CHERNICK Vice President and Controller (Principal Accounting Officer) Date: September 17, 2024

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