---
schema_version: "secwatch.filing_event.v1"
accession: "0000066756-25-000024"
form_type: "8-K/A"
ticker: null
cik: "0000066756"
company_name: "ALLETE INC"
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T19:19:10.506259+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ALLETE names Jeffrey Scissons CFO with $360K salary, $300K LTIP, 2x severance

## Summary
- Jeffrey J. Scissons appointed VP, CFO and Corporate Treasurer effective March 11, 2025.
- Base salary set at $360,011 per year; AIP target 60% of base.
- LTIP opportunity $300,000: 25% time-based RSUs (3-year cliff vest) and 75% PSAs (target, vest Dec 31, 2027).
- Eligible for change-in-control severance: lump sum equal to 2 times annual cash compensation.
- Also eligible for ALLETE retirement and executive benefit plans described in 2024 proxy.

## SEC filing metadata
- accession: 0000066756-25-000024
- form_type: 8-K/A
- cik: 0000066756
- company_name: ALLETE INC
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66756/000006675625000024/0000066756-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66756/000006675625000024/ale-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000066756-25-000024
- JSON: https://secwatch.observer/filing/0000066756-25-000024.json
- Plain text: https://secwatch.observer/filing/0000066756-25-000024.txt

## Key facts
- Executive change
  Jeffrey J. Scissons was appointed as Vice President, Chief Financial Officer and Corporate Treasurer at ALLETE INC.
  - Action: appointed
  - Role: Vice President, Chief Financial Officer and Corporate Treasurer
  source text: Jeffrey J. Scissons has been named Vice President, Chief Financial Officer and Corporate Treasurer (“CFO”) of ALLETE, Inc. (the “Company”), effective as of March 11, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66756/000006675625000024/0000066756-25-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.