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ALE ALLETE

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  • 64.640
  • +0.090+0.14%
Close Dec 13 16:00 ET
  • 65.000
  • +0.360+0.56%
Post 20:01 ET
3.74BMarket Cap20.72P/E (TTM)

About ALLETE Company

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and Corporate and Other. The Regulated Operations segment includes regulated utilities, Minnesota Power, SWL&P, and investment in ATC, which regulates utilities that own and maintain electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The Corporate and Other segment includes New Energy, South Shore Energy, BNI Energy, ALLETE Properties, a small amount of non-rate base generation, land holdings, and earnings on cash and investments. The company was founded on January 25, 1906 and is headquartered in Duluth, MN.

Company Profile

SymbolALE
Company NameALLETE
Listing DateSep 9, 2004
Founded1906
CEOMs. Bethany M. Owen
MarketNYSE
Employees1560
Fiscal Year Ends12-31
Address30 West Superior Street
CityDuluth
ProvinceMinnesota
CountryUnited States of America
Zip Code55802-2093
Phone1-218-279-5000

Company Executives

  • Name
  • Position
  • Salary
  • Bethany M. Owen
  • Chairman of the Board, President and Chief Executive Officer
  • 3.57M
  • Steven W. Morris
  • Senior Vice President, Principal Accounting Officer and Chief Financial Officer
  • 1.42M
  • Joshua John Skelton
  • Vice President and Chief Operating Officer, Minnesota Power
  • 927.54K
  • Patrick L. Cutshall
  • Vice President and Corporate Treasurer
  • --
  • Nicole Renee Johnson
  • Vice President; President, ALLETE Clean Energy
  • 1.14M
  • Madeleine W. Ludlow
  • Independent Director
  • 220.00K
  • Charles R. Matthews
  • Independent Director
  • 211.67K
  • George G. Goldfarb
  • Independent Director
  • 217.00K
  • Douglas C. Neve
  • Independent Director
  • 215.00K
  • Susan K. Nestegard
  • Lead Independent Director
  • 250.00K
  • James J. Hoolihan
  • Independent Director
  • 205.00K
  • Charlene A. Thomas
  • Independent Director
  • 215.00K
  • Barbara A. Nick
  • Independent Director
  • 215.00K
  • Robert P. Powers
  • Independent Director
  • 212.50K
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