Southwest Gas Holdings Announces Director Changes
Ticker: SWX · Form: 8-K · Filed: 2025-03-13T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: SWX
TL;DR
SWX board shakeup: Gibson out, Miller & Peterson in. New comp plans too.
AI Summary
Southwest Gas Holdings, Inc. announced on March 13, 2025, the departure of director John B. Gibson and the election of new directors, including David L. Miller and Robert L. Peterson, effective March 9, 2025. The company also made changes to its officer compensation arrangements.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Board changes and executive compensation adjustments can introduce uncertainty regarding future strategic direction and operational stability.
Key Players & Entities
- Southwest Gas Holdings, Inc. (company) — Filer
- John B. Gibson (person) — Departing Director
- David L. Miller (person) — Elected Director
- Robert L. Peterson (person) — Elected Director
- March 9, 2025 (date) — Effective date of director changes
- March 13, 2025 (date) — Filing date
FAQ
Who has departed from the Southwest Gas Holdings, Inc. board of directors?
John B. Gibson has departed from the board of directors.
Who were elected as new directors to the board?
David L. Miller and Robert L. Peterson were elected as new directors.
When were the changes to the board of directors effective?
The changes were effective as of March 9, 2025.
What other significant item was addressed in this filing besides director changes?
The filing also addresses changes to the compensatory arrangements of certain officers.
What is the filing date of this 8-K?
This 8-K was filed on March 13, 2025.
From the Filing
0001193125-25-053898.txt : 20250313 0001193125-25-053898.hdr.sgml : 20250313 20250313160305 ACCESSION NUMBER: 0001193125-25-053898 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250309 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250313 DATE AS OF CHANGE: 20250313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Southwest Gas Holdings, Inc. CENTRAL INDEX KEY: 0001692115 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 813881866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37976 FILM NUMBER: 25735656 BUSINESS ADDRESS: STREET 1: C/O SOUTHWEST GAS CORPORATION STREET 2: 8360 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 BUSINESS PHONE: 702-876-7237 MAIL ADDRESS: STREET 1: C/O SOUTHWEST GAS CORPORATION STREET 2: 8360 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST GAS CORP CENTRAL INDEX KEY: 0000092416 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 880085720 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07850 FILM NUMBER: 25735657 BUSINESS ADDRESS: STREET 1: 8360 S. DURANGO DRIVE STREET 2: PO BOX 98510 CITY: LAS VEGAS STATE: NV ZIP: 89113 BUSINESS PHONE: 7028767237 MAIL ADDRESS: STREET 1: 8360 S. DURANGO DRIVE STREET 2: PO BOX 98510 CITY: LAS VEGAS STATE: NV ZIP: 89113 8-K 1 d939854d8k.htm 8-K 8-K false 0001692115 0000092416 true 0001692115 2025-03-09 2025-03-09 0001692115 swx:SouthwestGasCorporationMember 2025-03-09 2025-03-09 0001692115 us-gaap:CommonStockMember 2025-03-09 2025-03-09 0001692115 swx:PreferredStockPurchaseRightsMember 2025-03-09 2025-03-09     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 Date of Report (Date of earliest event reported) March 9, 2025   Commission File Number    Exact name of registrant as specified in its charter and principal office address and telephone number    State of Incorporation    I.R.S. Employer Identification No. 001-37976    Southwest Gas Holdings, Inc. 8360 S. Durango Drive Post Office Box 98510 Las Vegas , Nevada 89193 (702) 876-7237    Delaware    81-3881866 001-07850    Southwest Gas Corporation 8360 S. Durango Drive Post Office Box 98510 Las Vegas , Nevada 89193 (702) 876-7237    California    88-0085720     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)) Securities registered pursuant to Section 12(b) of the Act: Southwest Gas Holdings, Inc:   (Title of class)   (Trading symbol)   (Exchange on which registered) Southwest Gas Holdings, Inc. Common Stock, $1 par value   SWX   New York Stock Exchange Preferred Stock Purchase Rights   N/A