PUBLIC SERVICE ENTERPRISE GROUP INC false 0000788784 0000788784 2024-09-11 2024-09-11

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 11, 2024

 

 

Public Service Enterprise Group Incorporated

(Exact name of registrant as specified in its charter)

 

 

 

New Jersey   001-09120   22-2625848

(State or other jurisdiction

of incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

80 Park Plaza

Newark, New Jersey 07102

(Address of principal executive offices) (Zip Code)

973 430-7000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of class

 

Trading
Symbol(s)

 

Name of Each Exchange

On Which Registered

Common Stock without par value   PEG   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 11, 2024, Tamara Linde notified Public Service Enterprise Group Incorporated (the Company) of her decision to retire as Executive Vice President and General Counsel of the Company. On September 16, in accordance with the Company’s succession plan, the Company appointed Grace Park to succeed Ms. Linde as Executive Vice President and General Counsel of the Company, effective September 16, 2024. In connection with her transition to retirement, Ms. Linde entered into an agreement with the Company pursuant to which she will serve as the Executive Vice President and Chief Legal Officer of the Company from September 16, 2024 to March 14, 2025. Under the terms of this new agreement, Ms. Linde will continue to receive the same compensation and benefits that she received as Executive Vice President and General Counsel of the Company.

 

Item 9.01

Financial Statements and Exhibits.

 

Exhibit 99    Press Release dated September 17, 2024
Exhibit 104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
(Registrant)
By:  

/s/ Rose M. Chernick

  ROSE M. CHERNICK
  Vice President and Controller
  (Principal Accounting Officer)

Date: September 17, 2024

Exhibit 99

 

Media Relations   

Public Service Enterprise Group

80 Park Plaza

Newark, NJ 07102

   LOGO

 

CONTACTS:   
Investor Relations    Media Relations
pseg-investorrelations@pseg.com    Marijke Shugrue
973-430-6565    862-465-1445
   Marijke.Shugrue@pseg.com

PSEG Executive Vice President and General Counsel Tamara L. Linde to Retire in 2025

PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park

Appointed as Executive Vice President and General Counsel to Succeed Linde

(NEWARK, N.J. – Sept. 17, 2024) As part of a planned succession process, PSEG announces that Executive Vice President and General Counsel Tamara L. Linde plans to retire from PSEG effective March 14, 2025. PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park has been appointed Executive Vice President and General Counsel, effective September 16, 2024, and will continue to report to Linde until Linde’s retirement. In support of a smooth transition of leadership, Linde will shift to the role of Executive Vice President and Chief Legal Officer, effective September 16, 2024.

“Tammy has been a tremendous asset to the company for over 30 years. The senior executive team and I have always welcomed and valued her perspective,” said Ralph LaRossa, PSEG chair, president and CEO. “She has been a thoughtful sounding board and advisor. An instrumental leader, Tammy has helped our company navigate immense shifts in our industry and our business. Her keen insights and comradery will be missed.”

Linde joined PSEG in 1990 and has served as PSEG’s General Counsel for the past 10 years. Under her leadership, Linde helped PSEG navigate several complex and historic energy transitions such as the state’s support for nuclear generation through the Zero Emissions Certificates, the establishment of PSEG Long Island a decade ago, PSEG’s transition to a mostly regulated utility with the sale of our fossil portfolio and many other milestone achievements.

“I am pleased to welcome Grace to this new role. Her appointment is part of our strategic and continuous succession planning process,” LaRossa continued. “The senior executive team and I have worked with Grace for years. She brings a sharp understanding of the landscape and proven leadership and track record to this role.”

Park joined PSEG in 2017 and was promoted to Vice President, Deputy General Counsel and Chief Litigation Counsel in 2020. Prior to PSEG, Park spent four years as Acting Prosecutor in Union County, N.J. Additionally, Park served as Senior Corporate Counsel for litigation at Pfizer Inc. and as a federal prosecutor in the U.S. Attorney’s Office in Newark, N.J. Park is a graduate of University of California, Berkeley, and Harvard Law School.


About PSEG

Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustainability North America Index for 16 consecutive years. PSEG is included on the 2023-2024 list of U.S. News’ Best Companies to Work For. PSEG’s businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).

 

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Sep. 11, 2024
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Entity Registrant Name PUBLIC SERVICE ENTERPRISE GROUP INC
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Entity Central Index Key 0000788784
Document Type 8-K
Document Period End Date Sep. 11, 2024
Entity Incorporation State Country Code NJ
Entity File Number 001-09120
Entity Tax Identification Number 22-2625848
Entity Address, Address Line One 80 Park Plaza
Entity Address, City or Town Newark
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Security 12b Title Common Stock without par value
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