Business Context and Reporting Period
This Form 8-K filing by Black Hills Corporation (a South Dakota corporation) reports a corporate governance event dated December 14, 2015. The filing details an executive leadership appointment effective January 1, 2016.
Key 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 statement data.
Material Changes
The primary material change is the appointment of Linden R. Evans as President and Chief Operating Officer, effective January 1, 2016. Mr. Evans, age 53, has 14 years of service with the company and previously served as President and Chief Operating Officer of Utilities since 2004. David R. Emery will continue in his roles as Chairman and Chief Executive Officer. No changes were made to Mr. Evans' compensation package at the time of this announcement.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, outlook, management commentary on operations, or specific risk factors. The document serves solely to disclose the executive appointment and references a press release filed as Exhibit 99.
Investor Verification Checklist
- Verify the effective date of Linden R. Evans' new role (January 1, 2016).
- Confirm that David R. Emery retains his positions as Chairman and CEO.
- Review the attached press release (Exhibit 99) for additional context on the leadership transition.
- Note that no immediate compensation changes were announced for the new appointee.