ALLETE, Inc. (NYSE:ALE), a Minnesota-based energy company, disclosed on Monday that Margaret A. Thickens, the Vice President, Chief Legal Officer, and Corporate Secretary, is set to retire. Thickens, who has been with the company since 2008, will continue her duties until her retirement date on May 31, 2024, to ensure a smooth transition.
Thickens' career at ALLETE spans over a decade and a half, during which she climbed the ranks from an attorney position to General Counsel for ALLETE Clean Energy in 2011, and later to Director of Compliance in 2017. She took on her current role in 2019, playing a key part in the company's legal and corporate governance.
The company has begun the process to find a successor to fill the Chief Legal Officer and Corporate Secretary positions. The search is part of an effort to maintain leadership continuity and uphold the company's commitment to strong corporate governance.
ALLETE's forthcoming transition comes at a time when corporate legal expertise is increasingly crucial in navigating the complex regulatory and compliance landscapes of the energy sector. Thickens' tenure with the company has seen significant developments in these areas, reflecting her contribution to ALLETE's growth and adaptation to the evolving energy industry.
The company's announcement, based on a press release statement, did not specify potential candidates for the role or the expected timeline for the appointment of a new Chief Legal Officer and Corporate Secretary.
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