Robert P. Powers Named to ALLETE Board of Directors
August 23 2017 - 4:50PM
Business Wire
Robert P. Powers, recently retired vice chairman of American
Electric Power (AEP), has joined ALLETE Inc.’s (NYSE: ALE) board of
directors. He was elected by the board August 23, 2017.
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Robert P. Powers (Photo: ALLETE Inc.)
Powers’ career in the energy industry spans 41 years through his
retirement in August 2017. He most recently served as a senior
adviser to AEP’s chairman and as chief operating officer,
overseeing operations in areas including AEP’s utility
subsidiaries, regulated generation, competitive businesses, and
physical and cyber security.
He also interacted frequently with AEP’s board of directors on
business strategy, technology shifts, investment decisions,
regulatory expectations and executive development. He joined AEP in
1998 as senior vice president and chief nuclear officer, and
steadily took on roles of greater responsibility. AEP is one of the
nation’s largest electric utilities, serving nearly 5.4 million
customers in 11 states.
“We are excited to welcome Bob to the board,” said ALLETE
chairman, president and CEO Al Hodnik. “His values align well with
ALLETE’s, as seen in AEP’s steady gains in environmental
performance, safety and reliability, all accomplished alongside a
corresponding increase in shareholder value. His personal
integrity, diverse utility experience and strategic leadership —
operationally, in the boardroom, and before regulators and Wall
Street — will be valuable assets as ALLETE pursues its growth
strategy while answering the nation’s call to transform its energy
and water landscape.”
Lead Director, Heidi Jimmerson stated, “The ALLETE board of
directors is undergoing long-term succession planning, and Bob's
election is the first step in that process. The entire board is
excited to have Bob join us. We very much value not only his depth
and breadth of experience in the utility industry but also his
values and integrity.”
In addition to his positions at AEP, Powers also spent 16 years
with Pacific Gas and Electric Co., rising to site vice president
and plant manager at the Diablo Canyon Nuclear Generating Station,
and six years with the Tennessee Valley Authority as a health
physicist.
Powers earned a bachelor’s degree in biology at Tufts University
and a Master of Science degree in radiological hygiene from the
environmental sciences and engineering department of the University
of North Carolina – Chapel Hill. He has a national certification by
the American Board of Health Physics, and earned senior reactor
operator certification in 1991. In addition, he completed executive
management programs run by the University of California – Berkeley
and Duke University.
He is active in the Edison Electric Institute (EEI), and is the
former chairman of the board for the Center for Energy Workforce
Development (CEWD), an EEI organization focused on recruiting
technical talent to utilities. Powers and his wife, Jan, live in
Colorado and have three grown children.
Powers joins a best-practice governance board at ALLETE,
including Hodnik, Lead Director Heidi E. Jimmerson
(former executive vice president, secretary and general counsel at
Florida East Coast Railway LLC) and directors Kathryn W.
Dindo (retired vice president and chief risk officer for
FirstEnergy Corp.), Sidney W. Emery Jr. (chief executive
officer and owner of Supply Chain Services LLC), George G.
Goldfarb (president and chief executive officer of Maurices
Inc. and president and chief executive officer of the Value Fashion
Segment of Ascena Retail Group Inc.), James S. Haines Jr.
(former chief executive officer and director of Westar Energy
Inc.), James J. Hoolihan (chief executive officer and chair
of the board of Industrial Lubricant Co.), Madeleine W.
Ludlow (founder and chair of the board of West Capital Advisors
LLC), Douglas C. Neve (former executive vice president and
chief financial officer of Ceridian Corp.) and Leonard C.
Rodman (retired chairman, president and chief executive officer
of Black & Veatch).
ALLETE Inc. (NYSE: ALE) 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; BNI Energy in Bismarck, North
Dakota; and U.S. Water Services in St. Michael, Minnesota; and has
an eight percent equity interest in the American Transmission Co.
More information about ALLETE is available at www.allete.com.
ALE-Corp
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170823006085/en/
ALLETE Inc.Investor Contact:Vince Meyer,
218-355-3276vmeyer@allete.com
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