People: ALLETE Inc (ALE.N)
ALE.N on New York Stock Exchange
53.34USD
4:00pm EDT
53.34USD
4:00pm EDT
Price Change (% chg)
$-0.28 (-0.52%)
$-0.28 (-0.52%)
Prev Close
$53.62
$53.62
Open
$54.01
$54.01
Day's High
$54.01
$54.01
Day's Low
$53.17
$53.17
Volume
67,986
67,986
Avg. Vol
55,514
55,514
52-wk High
$54.12
$54.12
52-wk Low
$37.73
$37.73
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Alan Hodnik |
53 | 2011 | Chairman of the Board, President, Chief Executive Officer |
Mark Schober |
57 | 2006 | Chief Financial Officer, Senior Vice President |
Deborah Amberg |
47 | 2006 | Senior Vice President, General Counsel, Secretary |
David McMillan |
51 | 2012 | Senior Vice President - External Affairs |
Steven DeVinck |
53 | 2009 | Vice President - Business Support, Controller |
Donald Stellmaker |
55 | 2011 | Vice President, Corporate Treasurer |
Robert Adams |
50 | 2008 | Vice President - Business Development, Chief Risk Officer |
Bruce Stender |
71 | 2006 | Lead Independent Director |
Kathryn Dindo |
64 | 2009 | Independent Director |
Heidi Eddins |
56 | 2004 | Independent Director |
Sidney Emery |
66 | 2007 | Independent Director |
George Goldfarb |
53 | 2012 | Independent Director |
James Haines |
66 | 2009 | Independent Director |
James Hoolihan |
60 | 2006 | Independent Director |
Madeleine Ludlow |
58 | 2004 | Independent Director |
Douglas Neve |
57 | 2007 | Independent Director |
Leonard Rodman |
64 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Alan Hodnik |
Mr. Alan R. Hodnik is Chairman of the Board, President, Chief Executive Officer of ALLETE Inc. Mr. Hodnik has been a director since 2009. He was named President of the Company in May 2009, CEO in May 2010, and Chairman in May 2011. Since joining the Company in 1982, Mr. Hodnik has served as Vice President–Generation Operations, Senior Vice President of Minnesota Power Operations, and Chief Operating Officer. Mr. Hodnik is a director for PolyMet Mining Corporation (NYSE-A: PLM; TSX: POM), serving on that company's compensation committee and corporate governance and nominating committee. He is also on the board of directors for Essentia Health-East Region. Mr. Hodnik was the elected mayor of the City of Aurora, Minnesota from 1988 to 1997. |
Mark Schober |
Mr. Mark A. Schober is Chief Financial Officer, Senior Vice President of ALLETE Inc. He joined ALLETE, Inc. in 1978. He is educated at the University of Minnesota-Duluth. At Minnesota Power: Began as a property accountant. Served as a general ledger analyst and as auditor, senior auditor and lead auditor in the internal audit department. Was named director of internal audit in 1989 and served as Corporate Controller from March of 1993 to July 2006. He was named Corporate Vice President in 2001. |
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 affiars. He was appointed to the additional position of executive vice president of Minnesota Power in 2006. |
Steven DeVinck |
Mr. Steven Q. DeVinck is Vice President - Business Support, Controller of ALLETE Inc. He has been Controller since July 12, 2006. Mr. DeVinck was Director of Nonutility Business Development, and Assistant Controller. |
Donald Stellmaker |
Mr. Donald W. Stellmaker is Vice President, Corporate Treasurer of ALLETE Inc., since August 19, 2011. He joined the ALLETE, Inc., in 1980 and is presently serving as Treasurer. Educated at the University of Minnesota-Duluth. At ALLETE: Began as a load forecast analyst for Minnesota Power. Became a market research analyst in 1984 and was named financial analyst in 1985. Has served as supervisor, manager and director of corporate financial planning and budgeting. Appointed treasurer of ALLETE in 2004. |
Robert Adams |
Mr. Robert John Adams is Vice President - Business Development, Chief Risk Officer of ALLETE Inc., since May 13, 2008. He served as Vice President – Utility Business Development of the Company from February 1, 2004 till May 13, 2008. |
Bruce Stender |
Mr. Bruce W. Stender is Lead Independent Director of ALLETE Inc. He has been a Director since 1995. As Lead Director, Mr. Stender is an ex officio member of each Board committee. He served as Board Chair from September 2004 to January 2006. Mr. Stender is the former President and Chief Executive Officer of Duluth-based Labovitz Enterprises, Inc., which owns and manages hotels and commercial real estate; since 2007, he had continued to serve as the vice chair and a principal of Labovitz Enterprises, Inc. |
Kathryn Dindo |
Ms. Kathryn M. Dindo is Independent Director of ALLETE Inc., since July 2009. 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. |
Heidi Eddins |
Ms. Heidi J. Eddins is Independent Director of ALLETE Inc., since September 2004. She is a member of the Audit Committee and the Corporate Governance and Nominating Committee. Ms. Eddins 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 member of the executive committee of the United Way of St. Johns County. |
Sidney Emery |
Mr. Sidney W. Emery, Jr., is Independent Director of ALLETE Inc., since 2007. He is a member of the Executive Compensation Committee. In February 2010, Mr. Emery became the Chief Executive Officer and owner of Supply Chain Services, LLC, a provider of barcode scanning solutions. 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. |
George Goldfarb |
Mr. George G. Goldfarb is Independent Director of ALLETE Inc., since October 26, 2012. He is a member of the Audit Committee. 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 board of the University of Minnesota-Duluth's Labovitz School of Business and Economics and on the U.S. Bank advisory board. |
James Haines |
Mr. James S. Haines, Jr., is Independent Director of ALLETE Inc., since October 2009. He is a member of the Executive Compensation Committee. From 2002 to 2007, he was the Chief Executive Officer and a director of Westar Energy, Inc. (NYSE: WR). 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. He also serves as director and treasurer of the Climate and Energy Project, a nonprofit organization that seeks to reduce greenhouse gas emissions in the American heartland states. |
James Hoolihan |
Mr. James J. Hoolihan is Independent Director of ALLETE Inc., since May 2006. He is Chair of the Corporate Governance and Nominating Committee. 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 from 1990 to 1995. |
Madeleine Ludlow |
Ms. Madeleine W. Ludlow is Independent Director of ALLETE Inc., since October 2004. She is Chair of the Executive Compensation Committee. 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 boards of the Ohio National Fund, Inc., a mutual fund management company, and SoMoLend, a web-based company that connects business borrowers with investors. |
Douglas Neve |
Mr. Douglas C. Neve is Independent Director of ALLETE Inc., since July 2007. He is Chair of the Audit Committee. 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 is the chair, chair of the audit committee, and an ex officio member the compensation committee of Analysts International Corporation (NASDAQ: ANLY). Mr. Neve is also a director and chair of the audit committees of both Tyndale House Publishing, Inc. and Stanley Consulting. |
Leonard Rodman |
Mr. Leonard C. Rodman is Independent Director of ALLETE Inc., since May 2009. He is a member of the Audit Committee and the Corporate Governance and Nominating Committee. Mr. Rodman has over 40 years of experience with Black & Veatch, a provider of engineering and construction services to the electric utility/power generation, water, environmental, and telecommunications industries. Mr. Rodman has been the President and Chief Executive Officer of Black & Veatch since 1998 and its Chairman since 2000. Mr. Rodman serves as a director and member of the audit committee of the Federal Reserve Bank of Kansas City. He is vice chair of the board and a member of the audit committee of the Iowa State University Foundation. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Alan Hodnik |
2,744,510 |
Mark Schober |
1,066,290 |
Deborah Amberg |
735,112 |
David McMillan |
630,620 |
Steven DeVinck |
-- |
Donald Stellmaker |
-- |
Robert Adams |
534,026 |
Bruce Stender |
-- |
Kathryn Dindo |
-- |
Heidi Eddins |
-- |
Sidney Emery |
-- |
George Goldfarb |
-- |
James Haines |
-- |
James Hoolihan |
-- |
Madeleine Ludlow |
-- |
Douglas Neve |
-- |
Leonard Rodman |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Alan Hodnik |
0 | 0 |
Mark Schober |
20,986 | 215,367 |
Deborah Amberg |
2,418 | 29,164 |
David McMillan |
1,931 | 33,438 |
Steven DeVinck |
0 | 0 |
Donald Stellmaker |
0 | 0 |
Robert Adams |
0 | 0 |
Bruce Stender |
0 | 0 |
Kathryn Dindo |
0 | 0 |
Heidi Eddins |
0 | 0 |
Sidney Emery |
0 | 0 |
George Goldfarb |
0 | 0 |
James Haines |
0 | 0 |
James Hoolihan |
0 | 0 |
Madeleine Ludlow |
0 | 0 |
Douglas Neve |
0 | 0 |
Leonard Rodman |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
HAINES JAMES S JR |
1,204 | $0.00 |
EDDINS HEIDI J |
1,204 | $0.00 |
DINDO KATHRYN W |
1,204 | $0.00 |
RODMAN LEONARD C |
1,204 | $0.00 |
HOOLIHAN JAMES J |
1,204 | $0.00 |
EMERY SIDNEY W JR |
1,204 | $0.00 |
NEVE DOUGLAS C |
1,204 | $0.00 |
LUDLOW MADELEINE W |
1,204 | $0.00 |
STENDER BRUCE W |
1,204 | $0.00 |
GOLDFARB GEORGE G |
1,204 | $0.00 |
ADAMS ROBERT JOHN |
1,741 | $50.80 |
ADAMS ROBERT JOHN |
29 | $50.81 |
ADAMS ROBERT JOHN |
1,039 | $50.84 |
ADAMS ROBERT JOHN |
3,411 | $44.15 |
ADAMS ROBERT JOHN |
602 | $50.85 |
STELLMAKER DONALD W |
1,635 | $48.65 |
STELLMAKER DONALD W |
1,752 | $44.15 |
STELLMAKER DONALD W |
3,387 | $50.70 |
DEVINCK STEVEN Q |
400 | $50.48 |
DEVINCK STEVEN Q |
1,771 | $48.65 |
DEVINCK STEVEN Q |
100 | $50.42 |
DEVINCK STEVEN Q |
871 | $50.40 |
DEVINCK STEVEN Q |
200 | $50.49 |
DEVINCK STEVEN Q |
200 | $50.43 |
DEVINCK STEVEN Q |
1,786 | $44.15 |

