DULUTH, Minn.--(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, 218-355-3276
vmeyer@allete.com
Source: ALLETE, Inc.
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