Current Report · Items 5.02, 9.01 · 8-K
Eversource Energy
ESNYSEEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On December 3, 2025, at a meeting of the Board of Trustees (the “Board”) of Eversource Energy (the “Company”), Warren Robert Mudge was elected to serve as a Trustee, effective January 1, 2026. The Board also appointed Mr.…
Filed Dec 5, 2025Accepted Dec 5, 2025, 11:15 AM ESTCIK 72741Accession 0001104659-25-118895
Company context
Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is recognized as the #1 U.S. utility on TIME’s List of World’s Best Companies for 2024. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.6 million customers in Connecticut, Massachusetts and New Hampshire. The #1 Energy Efficiency Provider in the Nation, Eversource harnesses the commitment of more than 10,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like a first-in-the-nation networked geothermal pilot project, solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on X, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.
Current securities
Disclosure sections
Items 5.02, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(d) On
December 3, 2025, at a meeting of the Board of Trustees (the “Board”) of Eversource Energy (the “Company”),
Warren Robert Mudge was elected to serve as a Trustee, effective January 1, 2026. The Board also appointed Mr. Mudge to serve
as a member of the Audit Committee and the Finance and Risk Management Committee.
Mr. Mudge’s initial term as a Trustee
will continue until the Company’s 2026 Annual Meeting of Shareholders to be held in May 2026. Mr. Mudge will receive an
annual cash retainer in the amount of $125,000 for service on the Board during his term of office, including participation in all Board
and Committee meetings. Mr. Mudge will also be entitled to receive a grant under the Eversource Incentive Plan on January 15,
2026 (the tenth business day of 2026), equal to that number of Restricted Stock Units (“RSUs”) resulting from dividing $175,000
by the average closing price of Eversource Energy common shares as reported on the New York Stock Exchange for the 10 trading days immediately
preceding the date of grant, rounded to the nearest whole RSU.
Mr. Mudge, age 65, has served as a director
of UniTek Global Services, a privately-held engineering, construction and customer operations telecom services company, since 2018. From
2021 to 2023, Mr. Mudge served as Chief Executive Officer of Connect Holding LLC, doing business as Brightspeed Communications, a
privately-held telecom and Internet service provider with operations in 20 states. From 2020 to 2021, he served as a director of Windstream
Holdings, Inc., a provider of voice and data network communications to businesses in the U.S. Mr. Mudge spent the bulk of his
professional career (1983 to 2017) with Verizon Communications, Inc., serving in positions of increasing responsibility and culminating
with seven years as Chief Operating Officer and Executive Vice President. In this role, he directed the transformation of traditional
telco operations into a fiber-based platform serving more than 20 million homes and businesses and retrained Verizon’s workforce
to meet new demands and requirements.
There is no arrangement or understanding between
Mr. Mudge and any other person pursuant to which he was elected as Trustee. Mr. Mudge does not have any transactions with related
persons in which the Company is a participant that would require disclosure pursuant to Item 404(a) of Regulation S-K.
A copy of the Company’s news release announcing
Mr. Mudge’s election is attached as Exhibit 99.1 to the Form 8-K and incorporated herein by reference.
Also at its meeting on December 3, 2025, the
Board appointed David H. Long as the Chair of the Governance, Environmental and Sustainability Committee, effective January 1, 2026.
The members of the Governance, Environmental and Sustainability Committee will remain David H. Long, Cotton M. Cleveland, Linda Dorcena
Forry and Gregory M. Jones.
Finally, the Board approved changes to its Corporate
Governance Guidelines to outline more precisely the Lead Independent Trustee’s responsibilities. The Corporate Governance Guidelines
are available on our website at https://www.eversource.com/Content/general/about/investors/corporate-governance/guidelines.
Section 9 Financial Statements and Exhibits
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Filed exhibits (1)
EX-99.1 (by filename) tm2532806d1_ex99-1.htmEX-99.1
2
tm2532806d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
56 Prospect St., Hartford, Connecticut 06103-2818
800 Boylston St., Boston, Massachusetts 02199
Robert Mudge
named to Eversource Board of Trustees
HARTFORD, Conn. and BOSTON, Mass.
(December 5, 2025) - Eversource Energy (NYSE: ES) today announced the election of W. Robert “Bob” Mudge to
its Board of Trustees effective January 1, 2026. Mudge was also appointed as a member of the Audit Committee and Finance and Risk
Management Committee.
“Bob brings decades of operational
leadership and strategic insight to our board, and we’re excited to have him join the Eversource family,” said Eversource
Chairman, President, and CEO Joe Nolan. “His extensive experience in network infrastructure, large-scale operations, and corporate
governance will be invaluable as we continue to modernize our energy delivery systems to enhance safety and reliability while providing
exceptional service to our customers.”
Mudge is a proven C-suite leader and
board member with deep expertise in technology innovation, system modernization, and operational transformation. He spent more than three
decades at Verizon, including seven years as Chi…
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