FX.co ★ Allete CFO Steven Morris To Retire

Allete, Inc. (ALE) has announced that Steven Morris, its Senior Vice President and Chief Financial Officer, will retire by mid-2025. The company has begun the process of finding a successor and anticipates naming a new CFO by the first quarter of next year. As of pre-market trading, Allete's shares are at $65.22 on the New York Stock Exchange, reflecting a 0.73 percent decline.