AI English summary of an SEC filing — figures as filed
Evergy EVRGBusser said he will retire on November 4, 2024 and step down as Vice President and Chief Accounting Officer effective December 1, 2024. The company said the decision was not the result of any disagreement over operations, policies or accounting practices.
Key points
AI summaryBusser said he will retire on November 4, 2024 and step down as Vice President and Chief Accounting Officer effective December 1, 2024. The company said the decision was not the result of any disagreement over operations, policies or accounting practices.
The company said Matt Gummig, Director of External Reporting and Property Accounting, will also serve as Interim Controller and Chief Accounting Officer after Busser retires and will take on the principal accounting officer responsibilities. The company said this arrangement will last while it conducts an internal and external search for a permanent hire.
The company said it will pay Gummig two cash retention payments of $25,000 each, in December 2024 and April 2025. It also said it will grant him time-based restricted stock units with a grant date fair market value of $150,000, which will vest in 3 equal installments in 2025, 2026 and December 1, 2027.
The company said Kevin E. Bryant, Executive Vice President and Chief Operating Officer, has been named Executive Vice President of Corporate Initiatives on November 8, 2024, and will leave the company on December 31, 2024. The company also said it does not currently plan to fill the Chief Operating Officer role.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Steven P. Busser to retire in December 1, 2024
Busser said he will retire on November 4, 2024 and step down as Vice President and Chief Accounting Officer effective December 1, 2024. The company said the decision was not the result of any disagreement over operations, policies or accounting practices.
Source · Based on the filing body and exhibits
Matt Gummig to serve as Interim Controller and Chief Accounting Officer
The company said Matt Gummig, Director of External Reporting and Property Accounting, will also serve as Interim Controller and Chief Accounting Officer after Busser retires and will take on the principal accounting officer responsibilities. The company said this arrangement will last while it conducts an internal and external search for a permanent hire.
Source · Based on the filing body and exhibits
Compensation terms for Gummig's additional responsibilities
The company said it will pay Gummig two cash retention payments of $25,000 each, in December 2024 and April 2025. It also said it will grant him time-based restricted stock units with a grant date fair market value of $150,000, which will vest in 3 equal installments in 2025, 2026 and December 1, 2027.
Source · Based on the filing body and exhibits
Kevin E. Bryant to leave the company on December 31, 2024
The company said Kevin E. Bryant, Executive Vice President and Chief Operating Officer, has been named Executive Vice President of Corporate Initiatives on November 8, 2024, and will leave the company on December 31, 2024. The company also said it does not currently plan to fill the Chief Operating Officer role.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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