Business Context and Reporting Period
This Form 8-K was filed by Black Hills Corporation on August 16, 2011. The report discloses a corporate governance event regarding the appointment of a new director to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance metrics.
Material Changes
The material change reported is the appointment of Steven R. Mills to the Company's Board of Directors. Key details include:
- Effective Date: October 26, 2011.
- Class: Class III Director.
- Term Expiration: 2012 Annual Meeting of Shareholders.
- Compensation/Arrangements: No arrangement or understanding exists regarding his selection, and no reportable transactions under Item 404(a) of Regulation S-K were disclosed.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. A press release dated August 22, 2011, is referenced as Exhibit 99 but its content is not included in the provided text.
Key Facts for Investor Verification
- Verify the background and qualifications of the newly appointed director, Steven R. Mills.
- Confirm the exact effective date of the appointment (October 26, 2011) against the company's proxy statements.
- Review the attached Exhibit 99 (Press Release) for additional context on the appointment rationale not present in the 8-K summary.