Ameren Announces Leadership Changes Effective January 1, 2022

$AEE
Power Generation
Utilities
Get the next $AEE alert in real time by email

ST. LOUIS, Oct. 11, 2021 /PRNewswire/ -- Ameren Corporation (NYSE:AEE) announced that its Board of Directors elected Warner Baxter, current chairman, president  and chief executive officer, to the position of executive chairman, effective January 1, 2022. Concurrent with these actions, Marty Lyons has been elected president and chief executive officer of Ameren and a member of the Board of Directors effective January 1, 2022.

"Marty is an outstanding leader and is uniquely qualified to lead Ameren during this transformational period in our industry," Baxter said. "I have had the opportunity to work with Marty for over 20 years. The Board is confident that his extensive operational and financial expertise, coupled with his strong strategic mindset and engagement with key stakeholders, will enable Ameren to continue delivering strong value to our customers, communities and shareholders. I look forward to continuing to work closely with him in his new role."

Lyons joined Ameren in 2001 as vice president and controller. Since then, he has served in several senior leadership roles, including chief financial officer for 10 years, president of Ameren Services and in his current role as president, Ameren Missouri. In all of these roles, and as a member of Ameren's Executive Leadership Team, Lyons has gained extensive strategic, operational, financial, risk management and regulatory experience. He has also been active in several industry organizations, including the Edison Electric Institute (EEI) and Nuclear Energy Institute (NEI), as well as in several community organizations.

"I am grateful for and humbled by the opportunity to lead Ameren during this exciting period of time for our company and industry," Lyons said. "I am also honored to follow in Warner's footsteps. He has led our team to execute on a strategy that has delivered significant value to our customers and shareholders. Working with our dedicated co-workers at Ameren, we will remain focused on successfully executing this strategy in the future."

"This leadership transition is consistent with Ameren's robust succession planning process. The Board of Directors strongly believes that Marty will provide excellent leadership at Ameren, and working with our deep bench of leaders, deliver superior value to our shareholders and customers," said Richard Harshman, independent lead director of the Board of Directors. "On behalf of the Ameren Board of Directors, I also want to thank Warner for his outstanding and continued leadership. His track record as CEO in delivering strong, long–term  value  to  our  customers,  communities  and  shareholders  has  been  exemplary, while at the same time, he has provided strong leadership in the utility industry as it undergoes major  transformation.  We are pleased that he will remain as executive chairman of our board and continue to help shape the future direction of Ameren and the industry." Harshman will remain in his role as independent lead director.

In Baxter's new role as executive chairman, he will remain an employee of Ameren, and Lyons will report to him. Working closely with Lyons, Baxter will oversee key strategic matters important to the company, including energy policy issues and the company's transition to a cleaner energy future. He will remain actively engaged in key energy and economic policy matters, including in his broader industry leadership roles at the Edison Electric Institute (EEI) and Electric Power Research Institute (EPRI). Baxter will also continue to be actively engaged with key stakeholders and in the community.

Baxter joined Ameren in 1995. During his career, he served in numerous senior leadership roles at Ameren, including chief financial officer, as well as president of Ameren Missouri. He was named chairman, president and chief executive officer in 2014. Under his leadership, Ameren has successfully executed a strategy focused on robust energy infrastructure investments that are delivering a strong long-term sustainability value proposition for Ameren's customers, communities and shareholders. Notably, Ameren has established a goal and is already executing a plan to achieve net zero carbon emissions by 2050. The company has delivered significantly better customer reliability at electric rates that are approximately 25% below the national average, has been named one of the top utilities in the nation by DiversityInc for diversity and inclusion throughout his tenure as CEO, and delivered total shareholder returns since the end of 2013 of approximately 190%, among the best in the industry. He is currently the vice chairman of EEI and on EPRI's Executive Committee (past Chairman of the Board). He is a member of the board of directors of U.S. Bancorp and BJC Healthcare, and serves as vice chair of the American Cancer Society's Coaches vs.  Cancer Council.  He was past chair of Civic Progress St. Louis and now sits on the Greater St. Louis Inc. Chairman's Executive Council.

About Ameren Corporation

St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000- square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois operates a rate- regulated electric transmission business in the Midcontinent Independent System Operator, Inc. For more information, visit Ameren.com, or follow us on Twitter at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn.com/company/Ameren.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ameren-announces-leadership-changes-effective-january-1-2022-301396896.html

SOURCE Ameren Corporation

Get the next $AEE alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AEE

DatePrice TargetRatingAnalyst
1/27/2025$88.00 → $95.00Overweight → Equal Weight
Barclays
1/21/2025$89.00 → $104.00In-line → Outperform
Evercore ISI
9/20/2024$97.00Buy
Jefferies
9/16/2024$82.00 → $89.00Neutral → Outperform
Mizuho
7/19/2024$81.00 → $87.00Buy
UBS
5/30/2024$73.00 → $77.00Equal Weight → Overweight
Barclays
4/10/2024$73.00Sell
Goldman
1/4/2024$82.00 → $77.00Buy → Neutral
BofA Securities
More analyst ratings

$AEE
Press Releases

Fastest customizable press release news feed in the world

See more
  • Ameren Illinois Announces Pricing of First Mortgage Bonds due 2055

    ST. LOUIS, Feb. 24, 2025 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE:AEE), announced today the pricing of a public offering of $350 million aggregate principal amount of 5.625% first mortgage bonds due 2055 at 99.986% of their principal amount. The transaction is expected to close on March 3, 2025, subject to the satisfaction of customary closing conditions. Ameren Illinois intends to use the net proceeds of the offering to repay $300 million principal amount of its 3.25% senior secured notes due 2025 and to refinance a portion of its short-term debt.  BNY Mellon Capital Markets, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and Truist Securities

    $AEE
    Power Generation
    Utilities
  • Ameren Missouri unveils plan to enable economic growth, boost reliability and create jobs in the state

    Company also details benefits from Smart Energy Plan investments in a stronger grid that saved customers 8 million minutes in outages in 2024 ST. LOUIS, Feb. 14, 2025 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE:AEE), announced a significant change to its generation strategy, aiming to accelerate generation investments to support robust economic expansion, bolster reliability and create jobs across Missouri. The revision to Ameren Missouri's Preferred Resource Plan in its Integrated Resource Plan (IRP) is designed to provide for 1.5 gigawatts (GW) of expected new energy demand by 2032, with a balanced mix of generation resources to deliver reliable, affordable an

    $AEE
    Power Generation
    Utilities
  • Ameren Announces 2024 Results, Affirms Guidance for 2025 Earnings and Issues Long-Term Growth Guidance

    2024 GAAP Diluted Earnings Per Share (EPS) were $4.42 vs. $4.38 in 20232024 Adjusted (Non-GAAP) Diluted Earnings Per Share were $4.63 vs. $4.38 in 2023Earnings Guidance Range for 2025 Affirmed at $4.85 to $5.05 per Diluted ShareDiluted EPS Compound Annual Growth Rate Guidance of 6% to 8% issued for 2025 through 2029, using 2025 Guidance Midpoint as a BaseST. LOUIS, Feb. 13, 2025 /PRNewswire/ -- Ameren Corporation (NYSE:AEE) today announced 2024 net income attributable to common shareholders in accordance with generally accepted accounting principles (GAAP) of $1,182 million, or $4.42 per diluted share, compared to 2023 net income attributable to common shareholders of $1,152 million, or $4.3

    $AEE
    Power Generation
    Utilities

$AEE
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AEE
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AEE
SEC Filings

See more

$AEE
Leadership Updates

Live Leadership Updates

See more
  • Ameren Announces Leadership Changes Effective January 1, 2022

    ST. LOUIS, Oct. 11, 2021 /PRNewswire/ -- Ameren Corporation (NYSE:AEE) announced that its Board of Directors elected Warner Baxter, current chairman, president  and chief executive officer, to the position of executive chairman, effective January 1, 2022. Concurrent with these actions, Marty Lyons has been elected president and chief executive officer of Ameren and a member of the Board of Directors effective January 1, 2022. "Marty is an outstanding leader and is uniquely qualified to lead Ameren during this transformational period in our industry," Baxter said. "I have had

    $AEE
    Power Generation
    Utilities

$AEE
Financials

Live finance-specific insights

See more
  • Ameren Announces 2024 Results, Affirms Guidance for 2025 Earnings and Issues Long-Term Growth Guidance

    2024 GAAP Diluted Earnings Per Share (EPS) were $4.42 vs. $4.38 in 20232024 Adjusted (Non-GAAP) Diluted Earnings Per Share were $4.63 vs. $4.38 in 2023Earnings Guidance Range for 2025 Affirmed at $4.85 to $5.05 per Diluted ShareDiluted EPS Compound Annual Growth Rate Guidance of 6% to 8% issued for 2025 through 2029, using 2025 Guidance Midpoint as a BaseST. LOUIS, Feb. 13, 2025 /PRNewswire/ -- Ameren Corporation (NYSE:AEE) today announced 2024 net income attributable to common shareholders in accordance with generally accepted accounting principles (GAAP) of $1,182 million, or $4.42 per diluted share, compared to 2023 net income attributable to common shareholders of $1,152 million, or $4.3

    $AEE
    Power Generation
    Utilities
  • Ameren Corporation increases quarterly cash dividend by approximately 6 percent, marking 12 consecutive years of growth

    New annualized rate is $2.84 per share ST. LOUIS, Feb. 7, 2025 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE:AEE) today declared a quarterly cash dividend on its common stock of 71 cents per share, an approximate 6 percent increase from the prior quarterly cash dividend of 67 cents per share, resulting in an annualized equivalent dividend rate of $2.84 per share. The previous annualized equivalent dividend rate was $2.68 per share. "We are pleased to announce that this marks the twelfth consecutive year of increasing our dividend," stated Martin J. Lyons,

    $AEE
    Power Generation
    Utilities
  • Ameren Corporation Fourth Quarter 2024 Earnings Webcast Feb. 14, 2025

    ST. LOUIS, Jan. 17, 2025 /PRNewswire/ -- Martin J. Lyons Jr., chairman, president and CEO of Ameren Corp. (NYSE:AEE), and Michael L. Moehn, senior executive vice president and CFO of Ameren Corp., will discuss fourth quarter 2024 earnings, earnings guidance and other matters in a conference call with financial analysts at 9 a.m. Central Time (10 a.m. Eastern Time) on Friday, Feb. 14.  The call will be broadcast live over the internet on AmerenInvestors.com. Supporting materials for the call will be posted in the "Investor News and Events" section of this website under "Events and Presentations." A replay of the webcast will be available for one year beginning approximately one hour after the

    $AEE
    Power Generation
    Utilities

$AEE
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more