Board of Directors Concludes Comprehensive
Executive Search Process
ST.
LOUIS, Sept. 21, 2023 /PRNewswire/ -- Spire Inc.
(NYSE: SR) today announced that, effective October 1, 2023,
Steven L. Lindsey has been named its
president and chief executive officer and has been appointed to
Spire's Board of Directors. Steve, who currently serves as Spire's
executive vice president and chief operating officer, will succeed
Suzanne Sitherwood who announced
earlier this year her intention to retire at the end of
December.
"After concluding a thoughtful and comprehensive executive
search process and considering a number of well-qualified
candidates, the Board of Directors is very pleased that
Steve Lindsey will take on the role
of leading Spire into the future. Steve is an accomplished
executive leader, with deep knowledge of the industry and of Spire
– and he has a proven history of building high performance teams
and delivering results," said Ed
Glotzbach, chair of Spire Inc.'s Board of Directors. "Under
Suzanne's leadership, Spire has experienced significant growth and
transformation. We believe that Steve's leadership and expertise
will continue to support Spire's vision and build upon our
long-term future strategy for success."
"Spire is very fortunate to have Steve's leadership as the
company continues to evolve and innovate, deliver on the promise of
exceptional service to our customers, and grow shareholder value,"
said Suzanne Sitherwood, who has
served as Spire's president since 2011, and its chief executive
officer since 2012. Suzanne will continue to serve as senior
advisor and a member of the Board through December 31, 2023.
Prior to Steve's 11 years in executive roles with Spire, he
spent 23 years in the natural gas utility business at AGL
Resources, most recently serving as president of Atlanta Gas Light,
Chattanooga Gas and Florida City Gas and as senior vice president
of southern operations.
"Natural gas is a key part of this country's energy future. At
Spire, we're focused on delivering affordable, reliable and safe
energy to our customers, while delivering value to our
shareholders. I'm honored to have been part of Spire's journey of
growth and evolution over the last 11 years, and I look forward to
working with the talented and dedicated employees of Spire as we
continue to move the company and the energy industry forward," said
Steve.
Steve's industry leadership includes service as a board member
of the Southern Gas Association where he served as Chair in 2022
and he also is a member of the Executive Council for the American
Gas Association. He earned a mechanical engineering degree from
Georgia Institute of Technology.
Steve believes in being actively engaged in the communities
where Spire serves. His volunteer board service includes the
Regional Business Council of St. Louis,
Missouri Chamber of Commerce, St. Louis Children's Hospital,
St. Louis Sports Commission, Missouri Energy Development
Association, and the Kansas City Civic Council.
About Spire
At Spire Inc. (NYSE: SR) we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us one of the largest publicly traded natural gas
companies in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related business
segments include Gas Marketing and Midstream. We are committed to
transforming our business through growing organically, investing in
infrastructure, and advancing through innovation. Learn more at
SpireEnergy.com.
Forward-Looking Information
This news release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, including statements with respect to Spire's leadership
succession plan. Actual results may be affected by various
uncertainties and risk factors, many of which are beyond the
Company's control, including risks associated with the Company's
ability to implement its succession plan, as well as the
uncertainties and risks described in the Company's annual (Form
10-K) filing with the Securities and Exchange Commission, more
complete descriptions and listings of which can be found in such
filing.
Investor Contact:
Scott W. Dudley Jr.
314-342-0878
Scott.Dudley@SpireEnergy.com
Media Contact:
Jessica B. Willingham
314-342-3300
Jessica.Willingham@SpireEnergy.com
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SOURCE Spire Inc.