ALLETE Names LaMarr Barnes U.S. Water Services CEO
January 16 2017 - 5:13PM
Business Wire
ALLETE, Inc. (NYSE:ALE) announced today that LaMarr Barnes has
been named Chief Executive Officer of wholly owned subsidiary U.S.
Water Services (U.S. Water).
Barnes replaces former CEO Allan Bly, who resigned his position
after a 20-year career with the company.
Barnes has more than 25 years of experience in industrial water
treatment and technology management. Hired in 2010 as Vice
President of Marketing, Barnes assumed added responsibilities as
Vice President of Marketing and Business Development before being
named Senior Executive Vice President of Marketing and Strategy in
2015.
“I sincerely thank Al Bly for his service to U.S. Water as one
of the company’s co-founders and leading our organization as CEO,
and wish him the best in his new endeavors,” Barnes said. “I look
forward to assuming the role of CEO and working with our talented
employees on continuing customer service excellence and
enhancements to our innovative products and services. Our initial
focus will be on ensuring an effective transition and maintaining
U.S. Water’s growth in an expanding market.”
Barnes is recognized as an expert in plant operations and
integrated water-treatment program applications. He earned a
bachelor’s degree in physics from the University of Illinois –
Champaign, Urbana, and an MBA from the Booth School of Business at
the University of Chicago.
Bob Adams, incoming ALLETE Chief Financial Officer and Chief
Risk Officer, echoed Barnes’ thanks to Bly, and said he is
confident in Barnes’ leadership and knowledge of U.S. Water’s
culture and customers.
“As senior executive vice president, LaMarr has played a large
role in U.S. Water’s recent growth, both organically by adding
customers through superior service and also through strategic
acquisitions,” Adams said. “We foresee a seamless transition as
LaMarr and the U.S. Water leadership team continues to seek growth
opportunities by providing sustainable solutions for customers.
ALLETE believes the demand for sustainable water management
solutions will increase as large users seek ways to enhance
efficiency and improve their bottom line."
Headquartered in St. Michael, Minnesota, U.S. Water has a
national footprint and serves a growing and diverse mix of about
4,600 industrial customers, including a significant number of
Fortune 500 companies. U.S. Water provides integrated water
management for industry, combining chemical, equipment, engineering
and service for customized solutions to reduce water and energy
usage and improve efficiency.
U.S. Water helps customers achieve efficient and sustainable use
of their water and energy systems, and is a leading provider to
industries such as biofuels, power generation, oil and gas, and
health care.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. In addition to U.S. Water Services, ALLETE owns two
electric utilities, Minnesota Power and Superior Water, Light and
Power of Wisconsin; ALLETE Clean Energy, based in Duluth; and BNI
Energy in Bismarck, North Dakota; 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170116005765/en/
ALLETE, Inc.Investor Contact:Vince Meyer,
218-355-3276vmeyer@allete.com
Allete (NYSE:ALE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Allete (NYSE:ALE)
Historical Stock Chart
From Sep 2023 to Sep 2024