Dte Energy Co 8-K, filed Jun 26, 2023
Dte Energy Co (DTE)
8-K
2023-06-26
For: 2023-06-22
View Original
Added on
April 10, 2026
About this 8-K
Dte Energy Co filed this 8-K on June 26, 2023, reporting on events of June 22, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
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): June 22, 2023
Commission File Number: 1-11607
| (State or other jurisdiction of incorporation or organization) | (I.R.S Employer Identification No.) | |||||||
Registrants address of principal executive offices: One Energy Plaza , Detroit , Michigan 48226-1279
Registrants telephone number, including area code: (313 ) 235-4000
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:
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading Symbol(s) | Name of Exchange on which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under Exchange Act (17 CFR 240.12b-2).
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.
Election of New Director
On June 22, 2023, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”) elected a new director, Deborah L. Byers. Ms. Byers is a retired partner from Ernst & Young LLP where she served as Americas Industry Leader. The Board of Directors determined that Ms. Byers is an independent director under New York Stock Exchange listing standards and the Company's Categorical Standards for Director Independence. There is no arrangement between Ms. Byers and any person pursuant to which she was selected as a director. Ms. Byers is not a party to any transaction subject to Section 404(a) of Regulation S-K involving the Company or any of its subsidiaries.
Ms. Byers will receive 1,000 shares of restricted stock upon her commencement of service as a director pursuant to the Company's Long-Term Incentive Plan. The shares vest three years from June 22, 2023, the effective date of the grant, and the recipient is not required to pay any consideration. Ms. Byers will also participate in the Company's other compensation and benefit programs for non-employee directors which are described on pages 23-24 of the Company's 2023 Proxy Statement & Notice of Annual Meeting which was filed with the Securities and Exchange Commission on March 23, 2023.
A copy of the Company's press release announcing Ms. Byers’ election is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Press Release of DTE Energy Company dated June 22, 2023. | |||||
| 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.
Date: June 26, 2023
| DTE Energy Company | |||||
| (Registrant) | |||||
| /s/Lisa A. Muschong | |||||
| Lisa A. Muschong | |||||
| Vice President, Corporate Secretary, and Chief of Staff | |||||
DTE Energy names Deborah Byers to board of directors DETROIT, June 22, 2023 — DTE Energy (NYSE: DTE) has named Deborah Byers, a retired partner from Ernst & Young LLP to its board of directors effective immediately. Byers served as Americas Industry Leader overseeing the markets and growth strategy across Ernst & Young’s primary industry markets. She has held several senior leadership positions at Ernst & Young, including serving as its Houston Office Managing partner and U.S. Energy Leader. Her national and international work in the energy sector gives her important strategic insight into key issues facing DTE and the nation as we transition to clean and sustainable energy production. Byers serves as a senior advisor to Veriten, a media, research and consulting platform focused on the energy sector. She is a non-resident fellow at the Center for Energy Studies of Rice University’s Baker Policy Institute. She also serves on the advisory board of Switch Energy Alliance, where she advances programs in energy literacy and access. Byers is a passionate supporter of women in energy and has been an active mentor of women professionals for many years. “We are thrilled to welcome Deborah and her breadth of knowledge and experience in the energy space to our board of directors,” Jerry Norcia, chairman and CEO of DTE Energy, said. “Her knowledge and understanding of issues important to the industry as well as her focus on diversity in the energy industry makes her a valuable addition to our board as we work to serve our communities.” Byers holds a Bachelor of Business Administration from Baylor University in Waco, Texas, and is a Certified Public Accountant. She also serves as a board member for the Memorial Hermann Foundation and the DePelchin Children’s Hospital Foundation. About DTE Energy DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. Through our commitment to cleaner energy, DTE Electric plans to reduce CO2 emissions by 90% and DTE Gas will plan to reduce methane emissions by more than 80% by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE Electric and Gas aspire to achieve net zero carbon emissions by 2050. DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy. For further information, members of the media may call: Peter Ternes, DTE Energy, 313.235.5555