People: Allete, Inc. (ALE)

ALE on New York Consolidated

30.82USD
9 Feb 2010
Price Change (% chg)

$0.06 (+0.20%)
Prev Close
$30.82
Open
--
Day's High
$31.10
Day's Low
$30.73
Volume
155,889
Avg. Vol
197,531
52-wk High
$35.29
52-wk Low
$23.35

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Shippar, Donald 

Brief Biography

Mr. Donald Shippar has been appointed as Chairman of the Board of ALLETE, Inc. He resigned from the position of Chief Executive Officer of the company effective April 30, 2010. He has served as Director of ALLETE, Inc. since 2004 and has been Chairman of ALLETE since January 2006. Mr. Shippar was named President and Chief Executive Officer of ALLETE in 2004. Since joining the Company in 1976, Mr. Shippar has served as Vice President of Transmission and Distribution, Senior Vice President for Customer Service and Delivery, Chief Operating Officer of Minnesota Power, and President of Minnesota Power. Mr. Shippar also serves as a trustee of the College of St. Scholastica in Duluth, Minnesota.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
553,827 -- 1,349,610 2,222,060

Options Compensation

  Quantity Market Value
Excercisable 22,365 322,192.00
Unexercisable 28,888 109,871.00
Excercised 10,513 205,787.00
Name Fiscal Year Total
Shippar, Donald 2,222,060
Hodnik, Alan --
Schober, Mark 775,382
Amberg, Deborah 571,440
Adams, Robert --
Stellmaker, Donald --
As Of 30 Dec 2008
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