Spire Inc. Elects New Directors, Adjusts Executive Pay
Ticker: SRJN · Form: 8-K · Filed: Jun 6, 2024 · CIK: 1126956
| Field | Detail |
|---|---|
| Company | Spire Inc (SRJN) |
| Form Type | 8-K |
| Filed Date | Jun 6, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $25.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
Spire Inc. shakes up board, rejigs exec pay. New directors in, new contracts signed.
AI Summary
Spire Inc. announced on May 31, 2024, changes in its board of directors and executive compensation. The company elected two new directors, Scott M. Lauber and David L. S. Parker, and appointed new officers. Additionally, Spire Inc. entered into new employment agreements with its named executive officers, including President and CEO Frank L. Zolnoor, and established new compensation arrangements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation structures can introduce uncertainty and potential execution risks.
Key Players & Entities
- Spire Inc. (company) — Registrant
- Scott M. Lauber (person) — Newly Elected Director
- David L. S. Parker (person) — Newly Elected Director
- Frank L. Zolnoor (person) — President and CEO
- May 31, 2024 (date) — Date of earliest event reported
FAQ
Who are the newly elected directors at Spire Inc.?
Scott M. Lauber and David L. S. Parker were elected as new directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is May 31, 2024.
What is the principal business address of Spire Inc.?
The principal business address is 700 Market Street, St. Louis, MO 63101.
Who is the President and CEO of Spire Inc. mentioned in the filing?
Frank L. Zolnoor is mentioned as the President and CEO.
What type of company is Spire Inc. based on its SIC code?
Spire Inc. is in the NATURAL GAS DISTRIBUTION industry, with SIC code 4924.
Filing Stats: 431 words · 2 min read · ~1 pages · Grade level 10.9 · Accepted 2024-06-06 08:51:30
Key Financial Figures
- $1.00 — hange on which registered Common Stock $1.00 par value SR New York Stock Exchang
- $25.00 — le Perpetual Preferred Stock, par value $25.00 per share SR.PRA New York Stock Exch
Filing Documents
- spre20240603_8k.htm (8-K) — 28KB
- 0001437749-24-019399.txt ( ) — 171KB
- sr-20240531.xsd (EX-101.SCH) — 4KB
- sr-20240531_def.xml (EX-101.DEF) — 13KB
- sr-20240531_lab.xml (EX-101.LAB) — 17KB
- sr-20240531_pre.xml (EX-101.PRE) — 13KB
- spre20240603_8k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Spire Inc. Date: June 6, 2024 By: /s/ Courtney M. Vomund Courtney M. Vomund Vice President, Corporate Secretary