ALLETE names Colin B. Anderson as VP, CAO and Controller; Morris to retire July 18

ALLETE INC

Colin B. Anderson appointed VP, Chief Accounting Officer, and Controller effective April 16, 2025.
Anderson (age 49) previously served as Controller and VP – Tax and Rates since October 2024.
Base salary set at $311,725/year; LTIP opportunity of $125,000 (33% RSUs, 67% PSAs at target).
Annual incentive plan opportunity increased to 45% of base salary effective April 16.
Steven W. Morris, former principal accounting officer, plans to retire on July 18, 2025.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Steven W. Morris

Senior Vice President

ALLETE INC

Effective: 2025-07-18
Successor: Colin B. Anderson
Filed: April 16, 2025, 7:59 PM ET

Mr. Morris plans to retire on July 18, 2025.

Appointed

Colin B. Anderson

Vice President, Chief Accounting Officer, and Controller

ALLETE INC

Effective: 2025-04-16
Filed: April 16, 2025, 7:59 PM ET

Colin B. Anderson was named ALLETE Vice President, Chief Accounting Officer, and Controller,

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven W. Morris departed as Senior Vice President at ALLETE INC.

Action: retire
Role: Senior Vice President

Exact text from the filing

Mr. Morris plans to retire on July 18, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Colin B. Anderson was appointed as Vice President, Chief Accounting Officer, and Controller at ALLETE INC.

Action: appointed
Role: Vice President, Chief Accounting Officer, and Controller

Exact text from the filing

Colin B. Anderson was named ALLETE Vice President, Chief Accounting Officer, and Controller,

View on SEC.gov

Source: SEC EDGAR

accession 0000066756-25-000049

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