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Black Hills Corp. Announces Leadership Change

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Black Hills Corp. (NYSE: BKH) announced on June 18, 2024, that Todd Jacobs, senior vice president of growth and strategy, will leave the company, with his last day set for July 8. Jacobs joined Black Hills Corp. in 2014 and has served in various leadership roles, including overseeing operations in Kansas and Arkansas, and as vice president of natural gas utilities. CEO Linn Evans praised Jacobs for his contributions over the past decade. The company assured a smooth transition of Jacobs' duties but did not specify immediate plans for his replacement. Black Hills Corp. serves 1.34 million customers across eight states, focusing on natural gas and electric utilities.

Positive
  • None.
Negative
  • Departure of senior vice president of growth and strategy, Todd Jacobs, may disrupt strategic initiatives.
  • No immediate announcement of a replacement for Todd Jacobs.

RAPID CITY, S.D., June 18, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that Todd Jacobs, senior vice president of growth and strategy, has accepted a role with another company. July 8 is planned as his last day with Black Hills Corp. Since joining the company in 2014, Mr. Jacobs has held a variety of roles, including state leader of Kansas and Arkansas operations, vice president of natural gas utilities and vice president of growth and strategy.

“Todd is a valued leader who has made a lasting impact on our organization,” said Linn Evans, Black Hills Corp. president and chief executive officer. “I wish him the very best and thank him for his ten years of service to our company and our customers.”

Strong organizational leadership will ensure a smooth transition of Mr. Jacobs’ duties. Any future plans for the role will be announced at a later date.

Black Hills Corp.
Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.34 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

Investor Relations
Jerome E. Nichols
605-721-1171
jerome.nichols@blackhillscorp.com

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888-242-3969


FAQ

When is Todd Jacobs leaving Black Hills Corp. (BKH)?

Todd Jacobs is leaving Black Hills Corp. on July 8, 2024.

What roles did Todd Jacobs hold at Black Hills Corp. (BKH)?

Todd Jacobs held roles including state leader of Kansas and Arkansas operations, vice president of natural gas utilities, and senior vice president of growth and strategy.

How many customers does Black Hills Corp. (BKH) serve?

Black Hills Corp. serves 1.34 million natural gas and electric utility customers.

Which states does Black Hills Corp. (BKH) operate in?

Black Hills Corp. operates in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

Who announced Todd Jacobs' departure from Black Hills Corp. (BKH)?

Linn Evans, the president and CEO of Black Hills Corp., announced Todd Jacobs' departure.

Black Hills Corporation

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