secwatch.observer — SEC 8-K summary
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Issuer:     ALLETE INC (—)
CIK:        0000066756
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0000066756-25-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66756/000006675625000049/0000066756-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66756/000006675625000049/ale-20250416.htm
  HTML page:      https://secwatch.observer/filing/0000066756-25-000049

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