ALLETE Recognized as a Minnesota Company of Special Distinction for Its Commitment to Advancing Women in Leadership Roles
25 April 2022 - 06:30PM
ALLETE Inc. (NYSE:ALE) has been recognized as a company of
Special Distinction in a women’s corporate leadership census of
Minnesota’s largest public companies. It is the third consecutive
year ALLETE has received the honor.
The 2021 Minnesota Census of Women in Corporate Leadership,
produced by St. Catherine University’s School of Business, named
ALLETE as an Honor Roll company with Special Distinction in the
annual research study that examines the representation of women on
boards of directors and as executive officers. ALLETE also earned
Special Distinction status in 2020 and 2019.
ALLETE is among only 13 of Minnesota’s 79 largest publicly held
companies with women representing at least 30% of corporate
directors and 30% of executive officers in 2021, according to the
report. Seven of the 11 directors serving on the ALLETE board are
women and three of the six ALLETE executive officers are women.
Bethany Owen, ALLETE chair, president and CEO, said the company
is honored by the recognition and also acknowledged ALLETE’s
ongoing commitment to advancing diversity, equity and
“ALLETE is a longtime champion of women in leadership and of
diversity in all forms, be it gender identity, race, ethnicity,
sexual orientation or experiences,” Owen said. “Our view of
sustainability in action includes nurturing a more diverse
workforce that helps build stronger and more equitable communities
and ultimately contributes to our success.”
Owen noted that women have served in senior leadership positions
and on ALLETE’s board of directors for decades. Women also serve in
key executive roles within ALLETE’s family of companies.
“Embracing diverse perspectives within the boardroom and across
the company is part of ALLETE’s values and culture,” Owen said,
“and I’m proud of the company’s strong track record of diversity
and inclusion. We have more work to do on these important fronts,
but we are committed and know we are stronger when we include
diverse perspectives in decision-making processes at all
ALLETE and other Honor Roll companies were recognized April 19
at an event at the Marriott City Center in Minneapolis hosted by
Twin Cities Business. Amy DeCaigny, supervisor purchasing, accepted
the award on behalf of ALLETE.
In addition to the recognition in the St. Catherine University
census, Moody’s Investors Service has identified ALLETE as having
the most gender diverse board among 45 utility companies it
examined for a report on board gender diversity at publicly traded
North American utilities.
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; New Energy Equity,
headquartered in Annapolis, Maryland; BNI Energy in Bismarck, North
Dakota; and has an 8% equity interest in the American Transmission
Co. More information about ALLETE is available at www.allete.com.
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. 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.
version on businesswire.com: https://www.businesswire.com/news/home/20220425005765/en/
Amy Rutledge Manager, Corporate Communications Minnesota
Power/ALLETE 218-723-7400 email@example.com
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