News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE Chief Financial Officer Mark Schober announces retirement plans
ALLETE Chief Financial Officer Mark Schober announces retirement plans DULUTH, Minn.-ALLETE, Inc. ( NYSE: ALE ) today announced the planned retirement of Chief Financial Officer Mark Schober. As part of an orderly transition, Schober will remain at the company until mid-year 2014.
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Toggle Summary ALLETE CEO tells shareholders that regional economic growth requires an affordable, balanced mix of power generation
ALLETE CEO tells shareholders that regional economic growth requires an affordable, balanced mix of power generation DULUTH, Minn. - With industrial demand for around-the-clock affordable electricity growing, Minnesota Power is continuing on its strategic path to ensure that tomorrow's power
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Toggle Summary ALLETE CEO Says Diversification Fuels Growth Outlook at Annual Meeting of Shareholders
DULUTH, Minn. --(BUSINESS WIRE)--May 8, 2018-- ALLETE Inc. (NYSE:ALE) is evolving into a renewable energy powerhouse while also growing its businesses and increasing its earnings outlook, Chairman, President and CEO Al Hodnik told investors today at the Duluth -based energy company’s 2018 annual
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Toggle Summary ALLETE CEO Don Shippar announces retirement; Alan R. Hodnik named successor
ALLETE CEO Don Shippar announces retirement; Alan R. Hodnik named successor Duluth, Minn. - ALLETE, Inc. (NYSE:ALE) announced today that after 33 years with the company, ALLETE Chairman and Chief Executive Officer Don Shippar will retire effective April 30, 2010.
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Toggle Summary ALLETE CEO Describes Growing North American Footprint at Annual Meeting of Shareholders
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Inc. (NYSE:ALE) has significantly expanded its North American footprint while continuing to focus on providing sustainable energy and water solutions, company investors heard today at the Duluth -based energy company's 2017 Annual Meeting of Shareholders.
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Toggle Summary ALLETE Board Selects Susan K. Nestegard as Lead Director
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 2, 2022-- ALLETE, Inc. (NYSE:ALE) announced today that Susan K. Nestegard was selected as lead director by the independent members of its board of directors and also announced the retirement of two longtime board members.
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Toggle Summary ALLETE Board Raises Quarterly Common Stock Dividend By Five Percent
DULUTH, Minn. -- The ALLETE (NYSE: ALE) Board of Directors has increased the quarterly dividend on the company's common stock to 31.5 cents per share, a five percent increase. "The ALLETE board is very comfortable setting this dividend, given our earnings outlook -- especially with the successful
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Toggle Summary ALLETE Board Raises Quarterly Common Stock Dividend By Fifteen Percent
ALLETE Board Raises Quarterly Common Stock Dividend By Fifteen Percent DULUTH, Minn. — The ALLETE (NYSE:ALE) Board of Directors has increased the quarterly dividend on the company's common stock by fifteen percent to 36.25 cents per share. "This substantial increase reflects ALLETE's solid
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Toggle Summary ALLETE Board Raises Quarterly Common Stock Dividend
ALLETE Board Raises Quarterly Common Stock Dividend DULUTH, Minn. — The ALLETE (NYSE:ALE) Board of Directors has increased the quarterly dividend on the company's common stock by thirteen percent, to 41 cents per share. "This increase is based on ALLETE's solid balance sheet and reflects our
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Toggle Summary ALLETE Board of Directors raises quarterly stock dividend
ALLETE Board of Directors raises quarterly stock dividend DULUTH, Minn. - ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 50.5 cents per share, an increase of 3.1 percent.
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