ST.
LOUIS, Nov. 18, 2024 /PRNewswire/ -- Spire
Inc. (NYSE: SR) today announced that Steve
Rasche will step down as executive vice president and chief
financial officer effective Jan. 1,
2025. He will continue to serve as a senior adviser until
his retirement on April 1, 2025.
Adam Woodard, Spire's vice president and treasurer, will
succeed him as executive vice president and chief financial officer
effective Jan. 1, 2025.
After joining Spire in 2009 and becoming CFO in 2013,
Rasche helped drive significant growth, leading Spire to become one
of the largest publicly traded natural gas companies
in the country.
"On behalf of the Board of Directors and all of Spire, I
want to thank Steve for his many contributions to Spire. He has
built an incredibly solid team and under his leadership, he has
guided Spire through a remarkable growth trajectory," said
Steve Lindsey, Spire president and
chief executive officer. "Having a seasoned leader like Adam in
place to succeed Steve positions Spire well for continued
success."
As CFO, Woodard will have oversight of the company's
accounting and treasury, investor relations, financial planning and
analysis, and supply chain functions. Woodard will also continue to
oversee strategy and corporate development.
Woodard steps into the role after serving since 2018 as
vice president and treasurer. In 2019, he took on added
responsibility as chief financial officer of Spire's utility
businesses.
Prior to joining Spire, Woodard worked for 21 years
at A.G. Edwards & Sons, which later became Wells Fargo
Securities. As an investment banker, he worked with companies
across the energy sector.
In addition, Tim Krick,
vice president and controller, will become chief accounting officer
for Spire. Krick brings extensive experience to the role, with
almost 11 years as part of Spire's finance team and another decade
in accounting leadership roles at St.
Louis-based Sigma-Aldrich.
About Spire
At Spire Inc. (NYSE: SR) we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us one of the largest publicly traded natural gas
companies in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses
include Spire Marketing and Spire Midstream. We are committed to
transforming our business through growing organically, investing in
infrastructure, and advancing through innovation. Learn more at
SpireEnergy.com.
Investor Contact:
Megan McPhail
314-309-6563
Megan.McPhail@SpireEnergy.com
Media Contact:
Jason Merrill
314-342-3300
Jason.Merrill@SpireEnergy.com
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SOURCE Spire Inc.