Le Lézard
Classified in: Oil industry
Subject: PER

Farrow elected to WEC Energy Group board of directors

MILWAUKEE, Dec. 7, 2017 /PRNewswire/ -- William M. Farrow III, organizer, chief executive officer, president and director of Urban Partnership Bank in Chicago, has been appointed to the board of directors of WEC Energy Group (NYSE: WEC), effective Jan. 1, 2018. 

William M. Farrow III elected to WEC Energy Group Board of Directors

Paul W. Jones will retire from the board effective Dec. 31. Jones, 67, served as a director of Integrys Energy Group and joined the WEC Energy Group board of directors when the company acquired Integrys in 2015. 

"Paul's insight and experience were invaluable in helping us to meet and exceed our goals for cost savings and integration post the acquisition," said Gale E. Klappa, chairman and chief executive officer of WEC Energy Group. "I'd like to thank Paul for his service, and we wish him and his family good health and happiness in the years ahead."

Farrow, 62, received his bachelor's degree from Augustana College and a master of management degree from the Kellogg School of Northwestern University. Prior to being one of five organizers of Urban Partnership Bank in 2010, Farrow was an advisor or contract CEO to companies where the focus was information technology or finance. From 2001 to 2007 Farrow served as executive vice president and chief information officer of the Chicago Board of Trade. Farrow was senior vice president at Bank One Corp. from 1996 to 2001.

He currently serves as a member of the board of directors of the Federal Reserve Bank of Chicago, Cboe Global Markets Inc., Echo Global Logistics, CoBank ACB and NorthShore University Health Systems.

"Bill joins a strong board ? a board with a diversity of experience and background. He brings a unique blend of information technology and financial expertise along with the critical thinking skills that will help our company achieve its long-term objectives," Klappa said.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. The company's other major subsidiary, We Power, designs, builds and owns electric generating plants.

WEC Energy Group (wecenergygroup.com), a component of the S&P 500, has approximately 55,000 stockholders of record, 8,500 employees and more than $30 billion of assets.


WEC Energy Group (PRNewsfoto/WEC Energy Group)

SOURCE WEC Energy Group

These press releases may also interest you

at 06:05
WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SRCI, TRQ, SLCA, and UEC which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com...

at 05:00
On March 21, 2018, Trina Solar Limited ("Trina Solar" or the "Company"), a leading total solutions provider for solar energy, launched a new smart PV solution, TrinaPro, at its global headquarters in Changzhou, China. TrinaPro is designed for...

at 05:00
U.S. Silica Holdings, Inc. today announced a definitive agreement to acquire EP Minerals for $750 million in cash. EP Minerals ? with sales of over $200 million ? is a global producer of engineered materials derived...

at 04:15
According to global solar PV tracker market shares and shipment trends 2017 report, recently released by GTM Research, as of the end of 2017, Arctech Solar goes up to fourth position in the ranking of global solar PV tracker suppliers, and also...

at 03:00
SDX Energy Inc. , the North Africa focused oil and gas company, is pleased to announce its financial and operating...

22 mar 2018
Israel Corporation Ltd. ("IC") today announced its fourth quarter and annual results for the period ending December 31, 2017. $m Q4/17 Q4/16 2017 2016 ICL...

News published on 7 december 2017 at 16:34 and distributed by: