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Vistra logoVistra VST

Vistra said Stephen J. Muscato notified it on November 19, 2024 that, after more than 25 years of service, he will resign from his position as Executive Vice President and President of Vistra Wholesale Operations & Development.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Vistra said Stephen J. Muscato notified it on November 19, 2024 that, after more than 25 years of service, he will resign from his position as Executive Vice President and President of Vistra Wholesale Operations & Development.

  2. The company said his resignation will take effect on January 1, 2025, and he is expected to retire from the company on or about April 1, 2025.

  3. To support a smooth transition of his responsibilities, Vistra said Muscato will continue as an employee in a non-executive officer capacity under the terms of his Amended and Restated Employment Agreement dated as of May 5, 2022, which will terminate upon his retirement.

  4. Vistra said Muscato's areas of responsibility will be assumed by current members of the leadership team, effective on January 1, 2025.

Summary

AI-written

Analysis 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.

Stephen J. Muscato's Resignation Notice

Vistra said Stephen J. Muscato notified it on November 19, 2024 that, after more than 25 years of service, he will resign from his position as Executive Vice President and President of Vistra Wholesale Operations & Development.

Source · Based on the filing body and exhibits

Resignation Effective Date and Expected Retirement Timing

The company said his resignation will take effect on January 1, 2025, and he is expected to retire from the company on or about April 1, 2025.

Source · Based on the filing body and exhibits

Employment Status Before Retirement

To support a smooth transition of his responsibilities, Vistra said Muscato will continue as an employee in a non-executive officer capacity under the terms of his Amended and Restated Employment Agreement dated as of May 5, 2022, which will terminate upon his retirement.

Source · Based on the filing body and exhibits

Transfer of Responsibilities

Vistra said Muscato's areas of responsibility will be assumed by current members of the leadership team, effective on January 1, 2025.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.