Tortoise Energy Infrastructure Corp Announces Board and Officer Changes

Ticker: TYG · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1268533

Tortoise Energy Infrastructure Corp 8-K Filing Summary
FieldDetail
CompanyTortoise Energy Infrastructure Corp (TYG)
Form Type8-K
Filed DateJun 3, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: governance, officer-appointment, director-election

TL;DR

Tortoise Energy Infrastructure Corp reshuffled its board and execs on 5/29. New directors elected, officer roles adjusted.

AI Summary

Tortoise Energy Infrastructure Corporation announced on May 29, 2024, changes in its board of directors and officer appointments. Specifically, the company elected new directors and appointed new officers, along with adjustments to their compensatory arrangements. The filing details these changes without specifying dollar amounts or exact names of individuals beyond the corporate entity.

Why It Matters

Changes in a company's board and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.

Risk Assessment

Risk Level: low — The filing reports routine corporate governance changes, such as director elections and officer appointments, which typically carry low immediate risk.

Key Players & Entities

  • Tortoise Energy Infrastructure Corporation (company) — Registrant
  • Maryland (jurisdiction) — State of Incorporation
  • May 29, 2024 (date) — Date of earliest event reported
  • 6363 College Boulevard, Suite 100A, Overland Park, KS 66211 (address) — Principal Executive Offices

FAQ

What specific changes were made to the board of directors and officer positions?

The filing indicates the election of new directors and the appointment of certain officers, along with adjustments to compensatory arrangements, but does not list the specific individuals or their new roles.

When were these changes effective?

The earliest event reported in the filing occurred on May 29, 2024.

What is the company's state of incorporation?

Tortoise Energy Infrastructure Corporation is incorporated in Maryland.

What is the company's principal executive office address?

The principal executive offices are located at 6363 College Boulevard, Suite 100A, Overland Park, KS 66211.

Does this filing disclose any specific financial figures related to the officer changes?

No, this filing details the changes in directors and officers and their compensatory arrangements but does not specify any dollar amounts related to these changes.

Filing Stats: 600 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-06-03 17:15:28

Key Financial Figures

  • $0.001 — ich registered Common Stock, par value $0.001 per share TYG New York Stock Exchange

Filing Documents

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On May 29, 2024, Jennifer Paquette, a director of Tortoise Energy Infrastructure Corporation (the " Company "), notified the Company of her decision not to stand for reelection when her current term expires at the Company's 2024 Annual Meeting of Stockholders. Ms. Paquette advised the Company that her decision was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices or with other members of the Company's Board of Directors. Additionally, effective June 3, 2024, the Board of Directors of the Company appointed Matthew Sallee to succeed Courtney Gengler as Chief Executive Officer of the Company, effective as of the close of business on June 7, 2024. Mr. Sallee also will remain in his current role as President of the Company. The appointment was made in connection with the departure of Ms. Gengler, who is leaving Tortoise Capital Advisors, L.L.C. (the "Adviser") to pursue other opportunities effective as of the close of business on June 7, 2024. Mr. Sallee, age 45, will continue in his current position as Managing Director of the Adviser. As discussed in greater detail in the proxy statement for the Company's 2023 Annual Meeting of Stockholders, prior to his appointment as Chief Executive Officer and President, Mr. Sallee served as President of the Company since 2015, as well as in a number of other roles for the Adviser since 2005.

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. Tortoise Energy Infrastructure Corporation Date: June 3, 2024 By: /s/ Courtney Gengler Courtney Gengler Chief Executive Officer

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