8-K
EDISON INTERNATIONAL (EIX)
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): October 22, 2021
EDISON INTERNATIONAL
(Exact name of registrant as specified in its charter)
| | | |
|---|---|---|
| California | 001-9936 | 95-4137452 |
| (State or other jurisdiction | (Commission | (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
2244 Walnut Grove Avenue
(P.O. Box 976)
Rosemead , California **** 91770
(Address of principal executive offices, including zip code)
( 626 ) 302-2222
(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:
[ ☐ ] 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 each class | Trading Symbol(s) | Name of each exchange on which registered | |
| Common Stock, no par value | EIX | NYSE | LLC |
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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Kevin M. Payne will retire from his position as President and Chief Executive Officer of Edison International’s subsidiary Southern California Edison Company (“SCE”) effective December 1, 2021. SCE’s Board of Directors today announced that it has elected Steven D. Powell, currently SCE’s Executive Vice President of Operations, to replace Mr. Payne as SCE’s President and Chief Executive Officer effective as of December 1, 2021.
Item 7.01Regulation FD Disclosure
On October 28, 2021, EIX issued the press release furnished as Exhibit 99 to this report announcing Mr. Payne’s retirement, the election of Mr. Powell, and the election of an Executive Vice President and a Senior Vice President of SCE.
Item 9.01Financial Statements and Exhibits
| (d) | Exhibits |
|---|
EXHIBIT INDEX
| | | |
|---|---|---|
| | | |
| Exhibit No. | **** | Description |
| | | |
| 99 | | SCE Press Release dated October 28, 2021 |
| | | |
| 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 hereunto duly authorized.
| | EDISON INTERNATIONAL |
|---|---|
| | (Registrant) |
| | |
| | /s/ Aaron D. Moss |
| | Aaron D. Moss |
| | Vice President and Controller |
Date: October 28, 2021
Exhibit 99
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|---|---|---|---|
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| NEWS<br><br> | |
| | | | |
| Media Contact: Chris Abel, (626) 302-2255 |
Southern California Edison Announces New Leaders
SCE Talent Fills Senior Management Positions, Ensuring a Seamless Transition ****
ROSEMEAD, Calif., Oct. 28, 2021 — Southern California Edison (SCE), the principal subsidiary of Edison International (NYSE: EIX), today announced a series of senior executive changes.
After a 35-year career at the utility, Kevin Payne, president and chief executive officer of SCE, will retire effective Dec. 1. SCE Executive Vice President of Operations Steven Powell will succeed Payne as president and CEO of SCE.
Jill Anderson, currently senior vice president of Customer Service at SCE, will succeed Powell as executive vice president of Operations. Lisa Cagnolatti, a 22-year career veteran at SCE before retiring in 2018, will return to the company and fill the role of senior vice president of Customer Service. These changes take effect Dec. 1.
“Kevin has had a profound impact on SCE as its president and CEO, particularly with his customer-centric focus and in leading our significant efforts in wildfire risk mitigation and transforming our safety culture. He made important and impactful contributions advocating for and advancing the company’s clean energy strategy to benefit all customers,” said Pedro Pizarro, president and CEO of Edison International. “During his 35 years at SCE, we all benefited from Kevin’s wisdom, support and positive influence. His most lasting impact is his caring ̶ as a dynamic, thoughtful and incredibly well-respected leader who championed diversity, equity and inclusion and modeled our values.”
“I am extremely grateful and humbled by the privilege I have had to lead 13,000 dedicated SCE employees in safely delivering clean and reliable electric service to our 15 million customers,” Payne said. “I have great confidence in Steve, Jill and Lisa’s abilities to lead SCE now and well into the future.”
Powell has held a variety of positions of progressing responsibility since joining SCE in 2000, including leadership positions in resource planning and strategy, gas and power procurement and SCE’s plug-in electric vehicle readiness efforts. He has a Bachelor of Science degree in chemical engineering from the University of California, Los Angeles (UCLA) and earned an MBA from the UCLA Anderson School of Management.
“I look forward to partnering with Jill, Lisa and my talented co-workers as we work together to decarbonize electricity and partner with customers to electrify transportation and buildings and ensure no communities are left behind in creating a clean energy future,” Powell said.
Anderson was previously senior vice president of Strategic Planning and Power Supply at SCE, where she drove strategy, resource planning, energy procurement and management, and the operations of the company’s power generation fleet. Anderson earned her MBA from New York University and a Bachelor of Science degree in mechanical engineering from Boston University. She joined SCE in 2018.
At SCE, Cagnolatti held a series of leadership roles in Transmission and Distribution and Customer Service. She served as the vice president of the Customer Service Operations Division and also the vice president of Business Customer Division. Since retiring from SCE, she has been an executive-in-residence at Arizona State University’s W.P. Carey School of Business. Cagnolatti received her MBA from Pepperdine University and Bachelor of Science degree in engineering from UCLA.


“Steve, Jill and Lisa bring exceptional experience and qualifications to their new roles. I am excited about them being part of our dedicated and diverse senior management team,” Pizarro added.
About Southern California Edison
An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.


