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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 3, 2025

 

EVERSOURCE ENERGY

(Exact name of registrant as specified in its charter)

 

Massachusetts   001-05324   04-2147929
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

300 Cadwell Drive, Springfield, Massachusetts, 01104

(Address of principal executive offices, including zip code)

 

(800) 286-5000

Registrant’s telephone number, including area code 

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Shares, $5.00 par value per share   ES   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of the chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of the chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 


 

Section 5 Corporate Governance and Management

 

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

 

(d)           On December 3, 2025, at a meeting of the Board of Trustees (the “Board”) of Eversource Energy (the “Company”), Warren Robert Mudge was elected to serve as a Trustee, effective January 1, 2026. The Board also appointed Mr. Mudge to serve as a member of the Audit Committee and the Finance and Risk Management Committee.

 

Mr. Mudge’s initial term as a Trustee will continue until the Company’s 2026 Annual Meeting of Shareholders to be held in May 2026. Mr. Mudge will receive an annual cash retainer in the amount of $125,000 for service on the Board during his term of office, including participation in all Board and Committee meetings. Mr. Mudge will also be entitled to receive a grant under the Eversource Incentive Plan on January 15, 2026 (the tenth business day of 2026), equal to that number of Restricted Stock Units (“RSUs”) resulting from dividing $175,000 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.

 

Mr. Mudge, age 65, has served as a director of UniTek Global Services, a privately-held engineering, construction and customer operations telecom services company, since 2018. From 2021 to 2023, Mr. Mudge served as Chief Executive Officer of Connect Holding LLC, doing business as Brightspeed Communications, a privately-held telecom and Internet service provider with operations in 20 states. From 2020 to 2021, he served as a director of Windstream Holdings, Inc., a provider of voice and data network communications to businesses in the U.S. Mr. Mudge spent the bulk of his professional career (1983 to 2017) with Verizon Communications, Inc., serving in positions of increasing responsibility and culminating with seven years as Chief Operating Officer and Executive Vice President. In this role, he directed the transformation of traditional telco operations into a fiber-based platform serving more than 20 million homes and businesses and retrained Verizon’s workforce to meet new demands and requirements.

 

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

 

A copy of the Company’s news release announcing Mr. Mudge’s election is attached as Exhibit 99.1 to the Form 8-K and incorporated herein by reference.

 

Also at its meeting on December 3, 2025, the Board appointed David H. Long as the Chair of the Governance, Environmental and Sustainability Committee, effective January 1, 2026. The members of the Governance, Environmental and Sustainability Committee will remain David H. Long, Cotton M. Cleveland, Linda Dorcena Forry and Gregory M. Jones.

 


 

Finally, the Board approved changes to its Corporate Governance Guidelines to outline more precisely the Lead Independent Trustee’s responsibilities. The Corporate Governance Guidelines are available on our website at https://www.eversource.com/​Content/general/about/investors/corporate-governance/​guidelines.

 

Section 9 Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d)           Exhibits.

 

  Exhibit Number Description
  99.1 Press release of the Company, dated December 5, 2025.
  104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the report to be signed on its behalf by the undersigned hereunto duly authorized.

 

EVERSOURCE ENERGY
  (Registrant)

 

December 5, 2025 By: /s/ James W. Hunt, III
    James W. Hunt, III
    Executive Vice President – Corporate Relations and Sustainability and Secretary

 

 

EX-99.1 2 tm2532806d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

56 Prospect St., Hartford, Connecticut 06103-2818

 

800 Boylston St., Boston, Massachusetts 02199

 

Robert Mudge named to Eversource Board of Trustees

 

HARTFORD, Conn. and BOSTON, Mass. (December 5, 2025) – Eversource Energy (NYSE: ES) today announced the election of W. Robert “Bob” Mudge to its Board of Trustees effective January 1, 2026. Mudge was also appointed as a member of the Audit Committee and Finance and Risk Management Committee.

 

“Bob brings decades of operational leadership and strategic insight to our board, and we’re excited to have him join the Eversource family,” said Eversource Chairman, President, and CEO Joe Nolan. “His extensive experience in network infrastructure, large-scale operations, and corporate governance will be invaluable as we continue to modernize our energy delivery systems to enhance safety and reliability while providing exceptional service to our customers.”

 

Mudge is a proven C-suite leader and board member with deep expertise in technology innovation, system modernization, and operational transformation. He spent more than three decades at Verizon, including seven years as Chief Operating Officer and Executive Vice President, where he led a 40,000-person organization responsible for network operations and service delivery. He directed the transition to a fiber-based platform serving over 20 million homes and businesses and managed an annual capital budget ranging from $6-$8 billion.

 

From 2021 to 2023, Mudge served as CEO of Brightspeed Communications, a $2 billion-plus telecom and internet service provider operating in 20 states. As CEO, he successfully led Brightspeed’s launch as an independent company, recruited its leadership team, and implemented an industry-leading fiber-optic network build.

 

In addition, Mudge has significant governance experience, currently serving on the board of Unitek Global Services. He also previously served on the board of Windstream Communications, providing operational guidance immediately following its restructuring.

 

“I am honored to join Eversource’s Board of Trustees and contribute to its mission of delivering reliable energy solutions to serve customers and communities with a focus on affordability,” said Mudge. “I look forward to working with the board and management team to support the company’s continued leadership in enhancing reliability, enabling clean energy, and providing superior customer service.”

 

Mudge holds a bachelor’s degree in business administration from North Adams State College, a Master of Business Administration from Suffolk University, and a professional certificate in telecommunications technology from Northeastern University.

 


 

Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is recognized as the #1 U.S. utility on TIME’s List of World’s Best Companies for 2024. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.6 million customers in Connecticut, Massachusetts and New Hampshire. The #1 Energy Efficiency Provider in the Nation, Eversource harnesses the commitment of more than 10,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like a first-in-the-nation networked geothermal pilot project, solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on X, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.

 

CONTACT:

William Hinkle

603-634-2228

william.hinkle@eversource.com

 

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