DAYTON POWER & LIGHT CO 8-K

What Happened

• Dayton Power & Light Company (doing business as AES Ohio) filed an 8-K on July 15, 2026 reporting that, by unanimous written consent on July 10, 2026, the Board appointed Robert Osborn (age 44) as Controller and principal accounting officer of AES Ohio. Sherry Kohan will remain Vice President and Chief Financial Officer of AES Ohio.

Key Details

• Appointment effective: July 10, 2026. Filing date: July 15, 2026.
• Mr. Osborn roles: Director of Revenue Accounting, Internal Controls and Finance Transformation for AES US Utilities since March 2025; previously Director of Internal Controls and Finance Transformation (Aug 2024–Feb 2025).
• Other AES roles: Mr. Osborn also serves as Controller and principal accounting officer for DPL, IPALCO and AES Indiana as of July 2026.
• Compensation: AES Ohio does not separately compensate officers for board service; Mr. Osborn participates in AES-wide management compensation plans (generally in excess of $120,000 annually). No related-party transactions reported under Item 404(a).

Why It Matters

• The appointment changes the person responsible for AES Ohio’s accounting and financial reporting controls (principal accounting officer), a role important for accurate financial statements and internal controls.
• Retaining Sherry Kohan as CFO provides continuity in finance leadership while transferring day-to-day accounting responsibilities to Mr. Osborn.
• Investors should view this as an internal leadership realignment across AES affiliates rather than a sign of separate compensation or related-party arrangements, per the filing.