Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.

(d) On December 6, 2022, at a meeting of the Board of Trustees (the "Board") of Eversource Energy (the "Company"), the Board elected Loretta D. Keane to serve as a Trustee, effective January 1, 2023. The Board also appointed Ms. Keane to serve as Vice Chair of the Audit Committee and to serve on the Finance Committee.

Ms. Keane's initial term as a Trustee will continue until Eversource Energy's 2023 Annual Meeting of Shareholders to be held in May 2023. Ms. Keane will receive an annual cash retainer in the amount of $120,000 for service on the Board during her term of office, including participation in all Board and Committee meetings, and an additional cash retainer in the amount of $12,500 for serving as Vice Chair of the Audit Committee. Ms. Keane will also be entitled to receive a grant under the Eversource Incentive Plan on January 16, 2023, equal to that number of Restricted Stock Units ("RSUs") resulting from dividing $165,000 by the average closing price of Eversource Energy common shares as reported on the New York Stock Exchange for the 10 trading days immediately preceding the date of grant, rounded to the nearest whole RSU.

Ms. Keane, age 64, currently serves as the Chief Financial Officer of Arcadia Solutions, LLC.

There is no arrangement or understanding between Ms. Keane and any other person pursuant to which she was elected as Trustee. Ms. Keane does not have any transactions with related persons in which Eversource Energy is a participant that would require disclosure pursuant to Item 404(a) of Regulation S-K.

A copy of Eversource Energy's news release announcing Ms. Keane's election is attached as Exhibit 99.1 to the Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.






(d)    Exhibits.



Exhibit
 Number    Description
  99.1       News release of the Company dated December 8, 2022.
  104      Cover Page Interactive Data File (embedded within the Inline XBRL document).

© Edgar Online, source Glimpses