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United States

ALLETE Inc (ALE)

ALE on New York Consolidated

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8 Dec 2016
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Summary

Name Age Since Current Position

Alan Hodnik

56 2015 Independent Chairman of the Board, President, Chief Executive Officer

Steven DeVinck

56 2014 Chief Financial Officer, Senior Vice President

Robert Adams

53 2015 Senior Vice President – Energy-Centric Businesses, Chief Risk Officer

Deborah Amberg

50 2006 Senior Vice President, General Counsel, Secretary

David McMillan

54 2012 Senior Vice President - External Affairs

Steven Morris

54 2014 Controller

Patrick Cutshall

51 2016 Treasurer

Heidi Jimmerson-Eddins

59 2004 Lead Independent Director

Kathryn Dindo

66 2009 Independent Director

Sidney Emery

69 2007 Independent Director

George Goldfarb

56 2012 Independent Director

James Haines

69 2009 Independent Director

James Hoolihan

63 2006 Independent Director

Madeleine Ludlow

61 2004 Independent Director

Douglas Neve

60 2007 Independent Director

Leonard Rodman

67 2009 Independent Director

Biographies

Name Description

Alan Hodnik

Mr. Alan R. Hodnik is an Independent Chairman of the Board, President, Chief Executive Officer of Allete, Inc. Mr. Hodnik is a director for PolyMet Mining Corporation (NYSE-A: PLM; TSX: POM), serving as chair of its compensation committee. He is also on the board of directors for Essentia Health-East Region and serves on its physicians compensation committee. Mr. Hodnik served as the elected mayor of the City of Aurora, Minnesota from 1988 to 1997. Mr. Hodnik has served the Company for over 30 years, working in a wide variety of positions of increasing responsibility. He brings utility operations, strategic planning, leadership, and broader organizational development experience, as well as a deep understanding of the regions in which ALLETE's energy businesses operate.

Steven DeVinck

Mr. Steven Q. DeVinck is no longer Chief Financial Officer, Senior Vice President of Allete, Inc. He has been Controller since July 12, 2006. Mr. DeVinck was Director of Nonutility Business Development, and Assistant Controller.

Robert Adams

Mr. Robert John Adams has been appointed as Chief Financial Officer, Senior Vice President of the Company, effective March 4, 2017. He was Senior Vice President – Energy-Centric Businesses, Chief Risk Officer of Allete, Inc. Adams joined the Duluth-based company in 1987 as a financial analyst. He was involved in several successful startups, including Enventis Telecommunications and Split Rock Energy. He also led Reach-All Manufacturing for a period in the early 1990s. He was named chief risk officer and vice president of business development in 2008, promoted to vice president of energy-centric businesses in 2014 and added the title of senior vice president of energy-centric businesses in 2015. The role of CFO is familiar to Adams, having served in that capacity in the past for Minnesota Power and Split Rock Energy.

Deborah Amberg

Ms. Deborah A. Amberg is Senior Vice President, General Counsel, Secretary of Allete, Inc. She educated at the University of Minnesota and the University of Minnesota Law School. At ALLETE, she Began as an attorney and was named Senior Attorney in 1998. She was named General Counsel, Corporate Secretary and vice president of Corporate Legal Services in 2004. She was promoted to Senior Vice President in 2006.

David McMillan

Mr. David J. McMillan is Senior Vice President - External Affairs of Allete, Inc. He was educated at the University of Minnesota-Duluth and the University of Minnesota Law School. Employed as assistant general attorney for the Union Pacific Railroad. At ALLETE: Served as an attorney from 1989 through 1997, when he was named vice president of customer solutions. Was appointed vice president, strategic accounts marketing, in 2000 and vice president of customer solutions and strategic accounts in 2001. Was named senior vice president in 2002. In 2003, he was named senior vice president of marketing, regulatory and public affairs. He was appointed to the additional position of executive vice president of Minnesota Power in 2006.

Steven Morris

Mr. Steven W. Morris is Controller of Allete, Inc. Mr. Morris joined the Company in 2001 as Manager of Financial Reporting and Budgeting for Minnesota Power. In 2005, he was appointed Director of Internal Audit for ALLETE and in 2010 was appointed the Director of Accounting.

Patrick Cutshall

Mr. Patrick L. Cutshall is Treasurer of Allete, Inc. Mr. Cutshall has been with ALLETE for 26 years, beginning in 1989 when he joined utility affiliate Minnesota Power as a financial analyst in Accounting. He moved to Investments and Analysis in 1990 where he held various leadership roles before being promoted to manager-Investments in 2009 and director-Investments and Tax in 2014. Cutshall is a Certified Public Accountant and holds the Chartered Financial Analyst designation. A 1987 graduate of the University of Minnesota-Duluth with a bachelor's degree in accounting, he was an auditor at Ernst & Whinney before joining Minnesota Power.

Heidi Jimmerson-Eddins

Ms. Heidi E. Jimmerson-Eddins is an Lead Independent Director of Allete, Inc. Ms. Jimmerson is the former Executive Vice President, Secretary and General Counsel of Florida East Coast Railway, LLC, a railway company that is a successor to Florida East Coast Industries, Inc.'s transportation business. She joined Florida East Coast Industries, Inc. in 1999, and was responsible for all legal and governmental affairs of the corporation in addition to managing a variety of real estate transactions until her retirement in 2008. She is a board member and member of the executive committee of the United Way of St. Johns County. Ms. Jimmerson contributes her expertise in corporate governance matters for public companies, knowledge about Florida real estate, and strategic planning and diversified business experience.

Kathryn Dindo

Ms. Kathryn M. Dindo is an Independent Director of Allete, Inc. She is a member of the Audit Committee. From 2001 to 2007, Ms. Dindo was the Vice President and Chief Risk Officer of FirstEnergy Corporation (NYSE: FE), a diversified electric company. She is a certified public accountant who was a partner at Ernst & Young and later served as a senior financial executive at Caliber System, Inc. (formerly Roadway Services, Inc.), a transportation services company, before joining FirstEnergy in 1998. Ms. Dindo serves as a director, chair of the audit committee, and member of the executive compensation committee of The J.M. Smucker Company (NYSE: SJM). She also serves as a director and chair of the audit committee of Bush Brothers & Company and on the Board of Trustees of the University of Akron Foundation.

Sidney Emery

Mr. Sidney W. Emery, Jr. is an Independent Director Allete, Inc. Mr. Emery is the owner and chief executive officer of Supply Chain Services, LLC, a provider of barcode scanning and printing systems, serving in those roles since 2010. Prior to that, Mr. Emery served as the chairman and chief executive officer of MTS Systems Corporation (NASDAQ: MTSC), a global supplier of mechanical testing systems and industrial position sensors, from 1998 to 2008. He serves as a director, chair of the compensation committee, and member of the audit and governance committees of Urologix, Inc. (NASDAQ: ULGX), a Minneapolis-based manufacturer of minimally invasive medical devices. Mr. Emery brings experience as a public company chief executive officer, extensive knowledge about executive compensation matters, and strategic planning and diversified business experience.

George Goldfarb

Mr. George G. Goldfarb is an Independent Director of Allete, Inc. Mr. Goldfarb is the President of Maurices Incorporated, a retailer of women's apparel and a wholly owned subsidiary of Ascena Retail Group, Inc. (NASDQ: ASNA). Before being named its President in December 2011, Mr. Goldfarb served as Chief Operating Officer of Maurices Incorporated from 2006 to 2011 and as its Chief Financial Officer from 2001 to 2006. Mr. Goldfarb serves on the Chancellor's Advisory Board for the University of Minnesota-Duluth. Mr. Goldfarb is an audit committee financial expert within the meaning of SEC rules. He brings extensive business knowledge and experience, as well as deep ties to and insights into the local and regional economy.

James Haines

Mr. James S. Haines, Jr. is an Independent Director of Allete, Inc. From 2002 to 2007, Mr. Haines was the chief executive officer and a director of Westar Energy, Inc. (NYSE: WR), the largest electric energy provider in Kansas. He has also served as chief executive officer of El Paso Electric Company. Mr. Haines is a member of the board of Sunflower Bank, a community bank based in Salina, Kansas, and the chair of the board of Stormont-Vail HealthCare. Mr. Haines has had a long career of public utility experience, having served as chief executive officer at two public utilities. He brings expertise in legal and regulatory matters, strategic planning, and executive compensation.

James Hoolihan

Mr. James J. Hoolihan is an Independent Director of Allete, Inc. Mr. Hoolihan is the chief executive officer and chair of the board of Industrial Lubricant Company, which provides industrial supplies and services to logging, railroad, taconite, and coal mining industries. He is also the owner and president of Can-Jer Industrial Lubricant, Ltd., which operates in Canada. From 2004 until September 2011, he was the president and chief executive officer of the Blandin Foundation, a private, philanthropic foundation whose mission is to strengthen communities in rural Minnesota, especially the Grand Rapids area. From 1981 to 2004, Mr. Hoolihan was the President of Industrial Lubricant Company. Mr. Hoolihan served as the elected mayor of the City of Grand Rapids, Minnesota from 1990 to 1995. Mr. Hoolihan is a long-time community leader in the Company's electric utility service area. He brings his knowledge of the industries and political issues of the service area, and operates a business serving these industries.

Madeleine Ludlow

Ms. Madeleine W. Ludlow is an Independent Director of Allete, Inc. Ms. Ludlow provides consulting services regarding investments in private equity transactions. From 2009 to January 2011, she was a Principal of Market Capital Partners LLC and from 2005 to 2009 was a Principal of LudlowWard Capital Advisors, LLC, both of which were Ohio-based investment banking firms serving middle market companies. Ms. Ludlow was the chair, chief executive officer, and president of Cadence Network, Inc., a web-based provider of utility expense management services from 2000 to 2004. She was formerly the vice president and chief financial officer of Cinergy Corp. Ms. Ludlow serves on the board of the Ohio National Fund, Inc., a mutual fund management company. Ms. Ludlow brings a sophisticated financial background, executive experience at a public utility and experience working closely with entrepreneurial and diversified businesses.

Douglas Neve

Mr. Douglas C. Neve is an Independent Director of Allete, Inc. Mr. Neve provides financial consulting services. Mr. Neve is the former executive vice president and chief financial officer of Minneapolis-based Ceridian Corp., a multinational human resources company, where he worked from February 2005 until March 2007. He is a certified public accountant who, prior to February 2005, was a partner with Deloitte & Touche LLP, a public accounting firm. Mr. Neve serves as a director and chair of the audit committee of Tyndale House Publishing, Inc. and as director and executive compensation committee member of Stanley Consulting, a privately held engineering consulting firm. Mr. Neve is an audit committee financial expert within the meaning of the SEC rules, and brings his knowledge of public accounting, corporate reporting, and risk management. His financial background includes experience as an executive of a publicly-traded company.

Leonard Rodman

Mr. Leonard C. Rodman is an Independent Director of Allete, Inc. Mr. Rodman is the retired chairman, president and chief executive officer of Black & Veatch, a major provider of engineering and construction services to the electric utility, power generation, water, environmental, and telecommunications industries. Mr. Rodman had served as president and chief executive officer of Black & Veatch since 1998 and as its chairman since 2000, before retiring in 2013. Mr. Rodman serves as a director and member of the audit committee of the Federal Reserve Bank of Kansas City. He is chair of the board of the Iowa State University Foundation. Mr. Rodman's career serving utilities and other regional industries has spanned over 40 years. He has led a large, internationally-diversified company and has strategic planning knowledge and experience.

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