Business Context and Reporting Period
This Form 8-K filing by Black Hills Corporation (a South Dakota corporation) was submitted on August 2, 2016. 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 is a current report regarding personnel changes and does not contain financial statements or performance metrics.
Material Changes
The material change reported is the appointment of Teresa A. Taylor to the Board of Directors. She accepted the appointment on August 2, 2016, with an effective date of September 1, 2016. She was appointed as a Class II Director, and her term will expire at the 2017 Annual Meeting of Shareholders.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, outlook, risks, contingencies, or unusual items. The document references a press release attached as Exhibit 99 but does not include its text within this summary.
Key Facts for Investors to Verify
- Confirmation of Teresa A. Taylor's effective start date as a Class II Director (September 1, 2016).
- Review of the attached press release (Exhibit 99) for additional biographical details or strategic rationale for the appointment.
- Verification of the expiration of her director term at the 2017 Annual Meeting of Shareholders.