Allete Chief Financial Officer Mark Schober to retire

By Wayne Barber, Chief News Analyst, GenerationHub

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.

“Mark has left an indelible mark on both the financial health and corporate culture of this company through his leadership, integrity and strategic positioning,” said ALLETE Chairman, President and CEO Alan R. Hodnik.

Schober joined ALLETE in 1978. He was named Director of Internal Audit in 1989 and Company Controller in 1993, before being named Senior Vice President and Chief Financial Officer in 2006.

“I look forward to working with members of the senior team and the Audit Committee and Board of Directors, along with Mark, to identify new leadership prior to mid-year 2014,” said Hodnik.

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