Marty Lyons
elected chairman of the board
ST.
LOUIS, Aug. 14, 2023 /PRNewswire/ -- Today Ameren
Corporation (NYSE: AEE) announced that Warner Baxter, executive chairman of the board
of directors, will retire from Ameren and its board of directors,
effective Nov. 2, 2023, after a
28-year career with the company. Marty
Lyons, president and chief executive officer, has been
elected by the board of directors to the additional role of
chairman of the board, also effective Nov.
2, 2023.
Baxter joined Ameren in 1995. During his career he served in
numerous senior leadership roles, including chief financial officer
of Ameren, president of Ameren Missouri, and was named chairman,
president, and chief executive officer of Ameren in 2014. Baxter
has also played an active leadership role in the industry. He is
past chair of the Edison Electric Institute, where he played a key
leadership role in advocating for transformational energy policies
to support a responsible clean energy transition that will deliver
significant benefits to customers and the country. Baxter is the
current chair of the Edison Foundation. He is also past chair of
the Electric Power Research Institute.
Baxter has played an active role in the community as well. In
2020, he served as co-chair of the United Way of St. Louis campaign. In addition, Baxter was
the founding chair of the American Cancer Society's (ACS) CEOs
Against Cancer of Missouri and
currently serves as the vice chair of ACS' Coaches vs. Cancer
Council. Baxter is also a member of the University of Missouri St. Louis Chancellor's
Council and University of Missouri 100
Board of Directors. Further, he was past chair of Civic Progress of
St. Louis where he helped lead the
integration of several civic organizations to form Greater St. Louis, Inc., which is focused on
inclusive economic development throughout the region. He is a
member of the board of directors of Greater St. Louis Inc., BJC
Healthcare and U.S. Bancorp.
"I have been blessed to lead this outstanding organization and
work with an extraordinary group of co-workers and a board of
directors that are truly committed to Ameren's mission – To
Power the Quality of Life – for the millions of people we
serve," said Baxter. "Also, being born and raised in St. Louis, I have been so fortunate to have
had the opportunity to work with outstanding industry, business,
government, and community leaders on a host of important energy
policy and community matters that will positively impact
generations of families in our community and our country. Of
course, I could not do all these things without the incredible
support of my wife Cindy and our children. For that, I am very
grateful."
Ameren will continue to have a lead independent director. On
behalf of the board of directors, Richard
Harshman, the board's lead independent director, said:
"Warner Baxter has had a significant
impact on the utility industry, the St. Louis
community and Ameren, delivering strong, long-term value to
our customers, communities, and shareholders. He is an exemplary
leader, and we thank Warner for his many years of service and wish
him all the best in retirement."
Lyons has served as president and chief executive officer of
Ameren since January 1, 2022. Lyons
joined Ameren in 2001. He has served in several senior leadership
roles including chief financial officer, president of Ameren
Services and president of Ameren Missouri prior to his current
role.
"I have had the opportunity to work with Marty for over 20
years. He is an outstanding leader, and I am very excited about
Ameren's future. I know that our customers, co-workers, and
shareholders will be in great hands with Marty as chairman,
president and chief executive officer of Ameren," said Baxter.
"Marty has done an outstanding job leading Ameren as president
and chief executive officer. The board of directors is confident
that Marty's strong leadership skills, extensive operational, and
financial experience at Ameren and in the industry, as well as his
strong strategic mindset, will enable him to be an excellent
chairman as well," said Harshman.
"The opportunity to work with Warner has been a highlight of my
career. He's had a significant and positive impact on Ameren's
success and so many people's lives, including mine," said Lyons. "I
have been inspired by the dedication, commitment and passion Warner
brings to everything he does. Looking ahead, Ameren has a strong
and experienced team that shares his drive for continuous
improvement. We will honor his legacy by delivering ever stronger
value for our customers, communities, and shareholders.
Congratulations and best wishes to Warner and his family."
Under Baxter's leadership, Ameren has successfully executed a
strategy focused on robust energy infrastructure investments
supported by constructive energy policies driving strong value for
Ameren's customers, communities, and shareholders. Consistent with
Ameren's vision of Leading the Way to a Sustainable Energy Future,
Ameren has established a goal and is executing a plan to achieve
net-zero carbon emissions by 2045 in a responsible fashion. In
addition, during his tenure as executive chair and CEO, Ameren has
been recognized as one of the top utilities in the nation for
diversity and inclusion by Fair360 (formerly DiversityInc),
including recently being named to its Hall of Fame. Under Baxter's
leadership, Ameren has delivered total shareholder returns that are
among the best in the industry since 2013.
After he leaves Ameren, Baxter plans to remain engaged in the
industry, including through his work on the Edison Foundation. He
will also remain actively engaged in the work of the American
Cancer Society and several other community and philanthropic
activities.
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
service, as well as natural gas distribution service. Ameren
Transmission Company of Illinois
develops, owns and operates rate-regulated regional electric
transmission projects 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.
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SOURCE Ameren Corporation