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DTE > SEC Filings for DTE > Form 8-K on 5-Nov-2013All Recent SEC Filings

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Form 8-K for DTE ENERGY CO


Change in Directors or Principal Officers

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

On November 4, 2013, the Board of Directors of DTE Energy Company (the "Company") approved the following management changes which are to take effect on December 30, 2013. David E. Meador, currently the Executive Vice President and Chief Financial Officer, is appointed Vice Chairman and Chief Administrative Officer. Peter B. Oleksiak, currently Senior Vice President-Finance, is appointed Senior Vice President and Chief Financial Officer. Steven E. Kurmas, currently Group President of the Company and President and Chief Operating Officer of DTE Electric Company ("DTE Electric"), is appointed President and Chief Operating Officer of the Company. Gerardo Norcia, currently Group President of the Company and President and Chief Operating Officer of DTE Gas Company, is appointed President and Chief Operating Officer-DTE Electric and remains a Group President of the Company. In connection with Mr. Kurmas' appointment as President and Chief Operating Officer, the Company's current Chairman, President and Chief Executive Officer, Gerard M. Anderson's title shall be Chairman and Chief Executive Officer.

The current compensation arrangements with each of the officers will remain in place for the immediate future but will be evaluated by the Company's Organization and Compensation Committee beginning in December 2013 in connection with an acceleration of the Company's annual review of executive compensation. A press release announcing the changes is attached hereto as exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release of DTE Energy Company dated November 5, 2013.

Forward-Looking Statements:

This Form 8-K contains forward-looking statements that are subject to various assumptions, risks and uncertainties. It should be read in conjunction with the "Forward-Looking Statements" section in DTE Energy's and DTE Electric 2012 Forms 10-K and 2013 Forms 10-Q (which sections are incorporated by reference herein), and in conjunction with other SEC reports filed by DTE Energy and DTE Electric that discuss important factors that could cause DTE Energy's and DTE Electric's actual results to differ materially. DTE Energy and DTE Electric expressly disclaim any current intention to update any forward-looking statements contained in this report as a result of new information or future events or developments.

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