ALLETE Names Steven W. Morris Senior Vice President and Chief Financial Officer
09 Februar 2022 - 11:00PM
Business Wire
ALLETE, Inc. (NYSE:ALE) today announced that Vice President and
Chief Accounting Officer Steve Morris has been promoted to the
position of senior vice president and chief financial officer. He
succeeds Robert Adams, who recently announced his plan to retire in
June of this year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220209006111/en/
Steven W. Morris, ALLETE Senior Vice
President and Chief Financial Officer (Photo: Business Wire)
Morris is a 21-year veteran of the company, and has served as
vice president and chief accounting officer since 2016.
“I am very pleased to welcome Steve to his new role as CFO of
ALLETE. With his breadth of experience, strategic expertise,
integrity, and ability to work and lead across functions, he is an
integral member of the senior leadership team and important to the
successful execution of the company’s strategic vision and goals,”
said ALLETE Chair, President and CEO Bethany Owen. “Throughout his
career with the company and notably during the global pandemic,
Steve’s ability to adapt in a quickly changing environment, and his
commitment to upholding our values and evolving our culture while
maintaining a sharp focus on the company’s financial goals, have
been unparalleled. His leadership, unique skill set and industry
experience will continue to be critical as ALLETE advances the
nation’s clean-energy transformation.”
Morris joined the Duluth-based company in 2001 as Minnesota
Power’s manager of financial reporting and budgeting, and has held
roles with increasing responsibility during his tenure. He was
appointed director of internal audit for ALLETE in 2005, named
director of accounting in 2010, and in 2014, he was promoted to
controller, a position he continued to hold until 2021. Prior to
joining ALLETE, Morris spent 16 years with the public accounting
firm RSM LLP (formerly McGladrey and Pullen), where he rose to the
position of senior manager.
As ALLETE CFO, Morris will have responsibility and broad
oversight of all aspects of accounting, financial reporting,
internal audit and controls, treasury, risk, business development
and investor relations.
“It is an exciting time to be part of ALLETE, and I look forward
to executing the company’s sustainability-in-action strategy as we
transform the nation’s energy landscape,” Morris said. “ALLETE is a
leader in renewable energy, and we will continue to seize
opportunities in the clean-energy space from our strong financial
position, and meet our strategic goals while delivering value for
all of our stakeholders, including employees, customers and
investors.”
A graduate of the University of Minnesota Duluth, Morris is a
Certified Public Accountant and a member of the American Institute
of Certified Public Accountants and the Minnesota Society of
Certified Public Accountants. He serves as a board member and
treasurer for the Head of the Lakes United Way.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. In addition to its electric utilities, Minnesota Power
and Superior Water, Light and Power of Wisconsin, ALLETE owns
ALLETE Clean Energy, based in Duluth; and BNI Energy in Bismarck,
N.D.; and has an eight percent equity interest in the American
Transmission Co. More information about ALLETE is available at
www.allete.com. ALE-CORP
The statements contained in this release and statements that
ALLETE may make orally in connection with this release that are not
historical facts, are forward-looking statements. Actual results
may differ materially from those projected in the forward-looking
statements. These forward-looking statements involve risks and
uncertainties and investors are directed to the risks discussed in
documents filed by ALLETE with the Securities and Exchange
Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220209006111/en/
Vince Meyer 218-723-3952 vmeyer@allete.com
Allete (NYSE:ALE)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Allete (NYSE:ALE)
Historical Stock Chart
Von Apr 2023 bis Apr 2024