Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

ALLETE announces retirement of Chief Legal Officer

EditorAhmed Abdulazez Abdulkadir
Published 03/20/2024, 06:31 AM
Updated 03/20/2024, 06:31 AM
© Reuters.

ALLETE, Inc. (NYSE:ALE), a Minnesota-based energy company, disclosed on Monday that Margaret A. Thickens, the Vice President, Chief Legal Officer, and Corporate Secretary, is set to retire. Thickens, who has been with the company since 2008, will continue her duties until her retirement date on May 31, 2024, to ensure a smooth transition.

Thickens' career at ALLETE spans over a decade and a half, during which she climbed the ranks from an attorney position to General Counsel for ALLETE Clean Energy in 2011, and later to Director of Compliance in 2017. She took on her current role in 2019, playing a key part in the company's legal and corporate governance.

The company has begun the process to find a successor to fill the Chief Legal Officer and Corporate Secretary positions. The search is part of an effort to maintain leadership continuity and uphold the company's commitment to strong corporate governance.

ALLETE's forthcoming transition comes at a time when corporate legal expertise is increasingly crucial in navigating the complex regulatory and compliance landscapes of the energy sector. Thickens' tenure with the company has seen significant developments in these areas, reflecting her contribution to ALLETE's growth and adaptation to the evolving energy industry.

The company's announcement, based on a press release statement, did not specify potential candidates for the role or the expected timeline for the appointment of a new Chief Legal Officer and Corporate Secretary.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.