Spire Inc. Announces Board Changes and Compensation Updates
Ticker: SRJN · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1126956
| Field | Detail |
|---|---|
| Company | Spire Inc (SRJN) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $25.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: SR
TL;DR
Spire Inc. swaps out a director, brings in two new ones, and tweaks executive pay.
AI Summary
Spire Inc. announced on February 3, 2025, the departure of Director Thomas A. O'Malley and the election of two new directors, Sarah J. London and David J. S. Richardson, effective February 2, 2025. The company also announced changes to its executive compensation arrangements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and compensation changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Spire Inc. (company) — Filer of the 8-K
- Thomas A. O'Malley (person) — Departing Director
- Sarah J. London (person) — Newly Elected Director
- David J. S. Richardson (person) — Newly Elected Director
- Spire Alabama Inc. (company) — Subsidiary of Spire Inc.
- Spire Missouri Inc. (company) — Subsidiary of Spire Inc.
- Laclede Group Inc. (company) — Former name of Spire Inc.
- Alabama Gas Corp (company) — Former name of Spire Alabama Inc.
FAQ
Who has departed from Spire Inc.'s board of directors?
Thomas A. O'Malley has departed from Spire Inc.'s board of directors.
Who are the new directors elected to Spire Inc.'s board?
Sarah J. London and David J. S. Richardson have been elected as new directors to Spire Inc.'s board.
When were the board changes effective?
The board changes were effective as of February 2, 2025.
What other significant information is disclosed in this 8-K filing?
The filing also discloses changes to the compensatory arrangements of certain officers.
What is the filing date of this 8-K?
This 8-K filing was made as of February 3, 2025.
Filing Stats: 543 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2025-02-03 16:29:08
Key Financial Figures
- $1.00 — ange 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 Exc
Filing Documents
- sr-20250202.htm (8-K) — 76KB
- 0000950170-25-012344.txt ( ) — 247KB
- sr-20250202.xsd (EX-101.SCH) — 56KB
- sr-20250202_htm.xml (XML) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Spire Inc. Date: February 3, 2025 By: /s/ Courtney M. Vomund Courtney M. Vomund Senior Vice President, Chief Administrative Officer & Corporate Secretary Spire Missouri Inc. Date: February 3, 2025 By: /s/ Courtney M. Vomund Courtney M. Vomund Corporate Secretary Spire Alabama Inc. Date: February 3, 2025 By: /s/ Courtney M. Vomund Courtney M. Vomund Corporate Secretary