Invesco Ltd 8-K, filed Sep 7, 2021
Invesco Ltd. (IVZ)
About this 8-K
Invesco Ltd filed this 8-K on September 7, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On September 7, 2021, Invesco Ltd. (the “Company”) increased the size of its Board of Directors (the “Board”) from twelve to thirteen directors and appointed Mr. Christopher C. Womack as a Director effective as of October 13, 2021. The Board has appointed Mr. Womack as a member of each of the Audit, Compensation and Nomination and Corporate Governance committees effective concurrently with the commencement of his Board service.
Mr. Womack is the chairman, president and CEO of Georgia Power Company, a subsidiary of the Southern Company, one of the nation’s leading energy providers. Prior to being named to his current role in 2021, he served as executive vice president and president of external affairs for the Southern Company where he led overall external positioning and branding efforts. Mr. Womack joined the Southern Company in 1988 and has held several leadership positions within the Southern Company and its subsidiaries. He has served as executive vice president of external affairs at Georgia Power Company and senior vice president and senior production officer of Southern Company Generation, where he was responsible for generation for Georgia Power Company and Savannah Electric. He also served as senior vice president of human resources and chief people officer at the Southern Company. Mr. Womack is a member of the board of directors of Essential Utilities, Inc. He holds a bachelor’s degree from Western Michigan University and a master’s degree from American University.
The Board has determined that Mr. Womack is (i) an independent director under the New York Stock Exchange listing standards; (ii) meets the standards for independence and financial acumen for members of the Audit Committee under the New York Stock Exchange listing standards and (iii) satisfies the standards for independence for members of the Compensation Committee under the New York Stock Exchange listing standards.
Mr. Womack will receive the same compensation from the Company as the other non-employee members of the Board of Directors.
| Item 7.01 | Regulation FD Disclosure. |
The Company issued a press release on September 7, 2021 announcing the appointment of Mr. Womack, which is furnished as Exhibit 99.1.
The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit |
Subject Matter | |
| 99.1 | Press release dated September 7, 2021 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
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 hereunto duly authorized.
| Invesco Ltd. | ||
| By: | /s/ Robert H. Rigsby | |
| Robert H. Rigsby Managing Director – Corporate Legal and Assistant Secretary | ||
Date: September 7, 2021
Exhibit 99.1
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Press Release
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| Chris Womack to join Invesco Ltd. Board of Directors
Contact: Jeaneen Terrio Jeaneen.Terrio@invesco.com 917.714.0358 |
ATLANTA, SEPTEMBER 7, 2021 – Invesco Ltd. (NYSE: IVZ) announced today that Chris Womack will join its Board of Directors in early October. Mr. Womack serves as Chairman, President and CEO of Georgia Power Company, a subsidiary of the Southern Company, a leading energy company serving nine million customers through its subsidiaries. Mr. Womack will also join the Invesco Ltd. Board’s Audit, Compensation, Nomination and Corporate Governance committees.
“The Invesco Board remains committed to ensuring a slate of directors that is well-equipped to effectively oversee the company, support management in achieving our key strategies and objectives, and represent the interests of all shareholders,” said Rick Wagoner, Chair of the Invesco Ltd. Board of Directors. “We’re extremely pleased to have Chris join the Invesco Board. His extensive leadership experience and deep public policy background make him a strong addition and position him to make a great contribution to Invesco’s future success. His appointment is in line with the Board’s ongoing efforts to achieve an effective balance of expertise, experience, diversity and continuity, while welcoming fresh perspectives.”
“Chris’ experience in maintaining a sustainable energy environment, his focus on social justice and his strong community service align well with our ESG (environmental, social and governance) aspirations at Invesco,” said Marty Flanagan, President & CEO of Invesco. “Invesco will benefit from Chris’ strong leadership background, his focus on innovation and his ongoing work at Georgia Power to be a positive force in our communities.”
“It is a privilege and an honor to join the board of a company dedicated to helping its clients achieve a positive financial wellbeing and get more out of life,” said Mr. Womack. “The Invesco team’s dedication to providing outstanding service, experience and management is first class. I look forward helping make an impact for clients globally.”
Mr. Womack joined Southern Company in 1998 and held several leadership positions within the company and its subsidiaries. Prior to being named president of Georgia Power, he served as executive vice president and president of external affairs of Southern Company since 2009, leading overall external positioning and branding efforts, including the company’s public policy strategies and overseeing the company’s governmental and regulatory affairs, corporate communications initiatives and other external and strategic business engagements. He also previously served as executive vice president of external affairs at Georgia Power and senior vice president and senior production officer of Southern Company Generation, where he was responsible for generation for Georgia Power and Savannah Electric.
Mr. Womack has also served as senior vice president of human resources and chief people officer at Southern Company, as well as senior vice president of public relations and corporate services at Alabama Power Company. Prior to joining Southern Company, Mr. Womack worked for the US House of Representatives for then-Congressman Leon E. Panetta.
About Invesco Ltd.
Invesco Ltd. (ticker NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.5 trillion in assets on behalf of clients worldwide as of June 30, 2021. For more information, visit www.invesco.com/corporate.
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