Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Dynegy Inc. ("Dynegy") announced August 20, 2009 that, effective October 1, 2009, Richard W. Eimer, Executive Vice President of Operations, will retire. Mr. Eimer has served as Executive Vice President of Operations since January 2008. Prior to January 1, 2008, he served most recently as: Senior Vice President of Operations since 2005; and Senior Vice President of Coal Plant Operations since 2003.

Concurrent with Mr. Eimer's retirement, Lynn A. Lednicky, 49, will be named Executive Vice President of Operations. In this new role, Mr. Lednicky will be responsible for the operational management of the company's fleet of power generation assets. Mr. Lednicky has served as Executive Vice President, Asset Management, Development and Regulatory Affairs since January 1, 2008. Prior to January 1, 2008, he served most recently as: Executive Vice President, Commercial and Development since January 1, 2007; Executive Vice President of Strategic Planning and Corporate Business Development from November 2005 to January 2007; Senior Vice President of Strategic Planning and Corporate Business Development from July 2003 to November 2005 and Senior Vice President of Power Origination from December 2000 to July 2003.

There are no family relationships, arrangements or understandings between Dynegy and Mr. Lednicky other than those compensatory arrangements previously disclosed.

Item 7.01 Regulation FD Disclosure.

A copy of the press release announcing the above events is being furnished pursuant to Regulation FD as Exhibit 99.1 to this Current Report on Form 8-K. Pursuant to General Instruction B.2 of Form 8-K and Securities and Exchange Commission Release No. 33-8176, the information contained in the press release furnished as an exhibit hereto shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not 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 a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit
No. Document

99.1 Press release dated August 20, 2009 announcing retirement of Richard W.
Eimer, Executive Vice President of Operations.

---