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Posted 10 March, 2022

DTE ENERGY CO appointed new CEO

CEO Change detected for ticker NYSE:DTB in a 8-K filed on 10 March, 2022.


  On March 9, 2022, Gerard M. Anderson, Executive Chairman of DTE Energy Company, notified the company of his decision to not stand for re-election to the Board of Directors at the Annual Meeting of Shareholders to be held on May 5, 2022 and of his intent to retire as an employee of the company effective June 30, 2022. The Board of Directors has elected current President and Chief Executive Officer Gerardo Norcia to the additional role of Chairman of the Board succeeding Mr. Anderson effective upon the expiration of Mr. Anderson's current term as Chairman on May 5, 2022.  

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Overview of DTE ENERGY CO
Companies on the Energy Service • Electric Utilities
DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.
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Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 9, 2022, Gerard M. Anderson, Executive Chairman of DTE Energy Company, notified the company of his decision to not stand for re-election to the Board of Directors at the Annual Meeting of Shareholders to be held on May 5, 2022 and of his intent to retire as an employee of the company effective June 30, 2022. The Board of Directors has elected current President and Chief Executive Officer Gerardo Norcia to the additional role of Chairman of the Board succeeding Mr. Anderson effective upon the expiration of Mr. Anderson's current term as Chairman on May 5, 2022.