| 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 2, 2019 |
| CLECO CORPORATE HOLDINGS LLC |
| (Exact name of registrant as specified in its charter) |
| Louisiana | 1-15759 | 72-1445282 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 2030 Donahue Ferry Road | |
| Pineville, Louisiana | 71360-5226 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (318) 484-7400 | |
| CLECO POWER LLC |
| (Exact name of registrant as specified in its charter) |
| Louisiana | 1-05663 | 72-0244480 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 2030 Donahue Ferry Road | |
| Pineville, Louisiana | 71360-5226 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (318) 484-7400 | |
| 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: |
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o 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: | |
| Cleco Corporate Holdings LLC: None | Cleco Power LLC: None |
Indicate by check mark whether registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter). Emerging growth company o 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 revise accounting standards provided pursuant to Section 13(a) of the Exchange Act. o | ||||
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 5, 2019, Cleco Corporate Holdings LLC (the “Company”) announced that the Company and Julia Callis agreed on December 2, 2019, that Ms. Callis will resign from her position as Chief Compliance Officer and General Counsel of the Company and Cleco Power LLC, a wholly owned subsidiary of the Company, for personal reasons, effective March 2020, and not as the result of any disagreement with the Company, its management, or Board of Managers. The Company expects to initiate a search for a replacement for Ms. Callis. The Company expects to enter into a separation agreement with Ms. Callis upon her departure that will provide for a customary release of claims by Ms. Callis, a non-competition agreement and other terms under the Company’s Executive Severance Plan, in exchange for the payment of basic severance to Ms. Callis pursuant to the terms of the Company’s Executive Severance Plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CLECO CORPORATE HOLDINGS LLC | ||
| Date: December 5, 2019 | By: | /s/ Tonita Laprarie |
| Tonita Laprarie | ||
| Controller and Chief Accounting Officer | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| CLECO POWER LLC | ||
| Date: December 5, 2019 | By: | /s/ Tonita Laprarie |
| Tonita Laprarie | ||
| Controller and Chief Accounting Officer | ||