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.