Laclede Group Inc. Announces Management Changes Effective February 1, 2012; Declares Quarterly Dividend Payable on April 3, 2012
January 26, 2012 at 05:05 pm
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Laclede Group Inc. announced that its Board of Directors named William E. Nasser as its chairman of the board and appointed Suzanne Sitherwood as chief executive officer, each to succeed Douglas H. Yaeger, who is retiring as chairman and chief executive officer of The Laclede Group on February 1, 2012.
At its meeting held on January 26, 2012, the Board of Directors also declared a quarterly dividend of 41 1/2 cents per share. The dividend will be payable on April 3, 2012 to shareholders of record on March 12, 2012.
Spire Inc. is the holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Its Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. (Spire Gulf) and Spire Mississippi Inc. (Spire Mississippi). Spire Missouri is engaged in the purchase, retail distribution and sale of natural gas. Spire Alabama is engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama. Spire Gulf and Spire Mississippi are utilities engaged in the purchase, retail distribution and sale of natural gas in the Mobile, Alabama area and south-central Mississippi. Its Gas Marketing segment includes Spire Marketing Inc. (Spire Marketing), a wholly owned subsidiary providing natural gas marketing services. Its Midstream segment consists of three facilities Spire STL Pipeline, Spire Storage West, and Spire Storage Salt Plains.