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Posted 16 September, 2022

EVERSOURCE ENERGY appointed new CEO

CEO Change detected for ticker NYSE:ES in a 8-K filed on 16 September, 2022.


  The Board elected Joseph R. Nolan, Jr., President and Chief Executive Officer and a Trustee, as Chairman of the Board of Trustees and also appointed Mr. Nolan as Chair of the Executive Committee of the Board, effective as of December 31, 2022.  

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Overview of EVERSOURCE ENERGY
Companies on the Energy Service • Electric Utilities
Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. It operates through the following segments: Electric Distribution, Electric Transmission, Natural Gas Distribution and Water Distribution. The Electric Distribution segment distributes electricity to retail customers. The Electric Transmission segment owns and maintains transmission facilities through CL&P, NSTAR Electric, PSNH, and WMECO. The Natural Gas Distribution segment transmits and distributes natural gas to retail customers. The Water Distribution segment operates three separate regulated water utilities in Connecticut, Massachusetts, and New Hampshire. The company was founded on July 1, 1966, and is headquartered in Springfield, MA.
Market Cap
$20.6B
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EVERSOURCE ENERGY by TradingView
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 September 16, 2022, the Board of Trustees (the "Board") of Eversource Energy (the "Company") announced that James J. Judge, Executive Chairman of the Board of Trustees, will retire as Executive Chairman of the Board and as a Trustee, effective as of December 31, 2022. The Board elected Joseph R. Nolan, Jr., President and Chief Executive Officer and a Trustee, as Chairman of the Board of Trustees and also appointed Mr. Nolan as Chair of the Executive Committee of the Board, effective as of December 31, 2022.


Also on September 16, 2022, the Board determined that Jay S. Buth, Vice President, Controller and Chief Accounting Officer of the Company, is temporarily unavailable to perform his duties as principal accounting officer. The Board appointed John M. Moreira, currently Executive Vice President, Chief Financial Officer and Treasurer of the Company, to serve as the principal accounting officer on an interim basis.